Thursday, 11 April 2013

Zinc news

Trend updated for-Apr/12/2013.CMP-102 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above106 or buy with strict stop at 100. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 103-104-108-109-110-

Currently Zinc is in HOLD LONG position The Zinc is in downtrend For short term buy only if close above 104.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 103.8 with a stop at 101.6 Below 101 go for sell
Intraday Resistance of ZINC are 103/103.6/104.5/107.3/110.2/115.3/118.1/123.6/129.2
Intraday Support of ZINC are 101.8/101.2/100.3/97.6/94.8/90.2/87.8/83.1/78.6

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