Zinc news

Trend updated for-Apr/05/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on BUY Signal and Zinc is recovering from oversold level For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 105-110-111-

Currently Zinc is in HOLD SHORT position Zinc is in sideways and sellers was at high so for short term better buy above 105.4 or hold with stop at 100.2 The next resistance will be at 103.75 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 105.4 with a stop at 102.2 Below 101.3 go for sell and put stop at 104.5
Intraday Resistance of ZINC are 104.3/105.2/106.8/107.4/110.3/115.4/118.2/123.7/129.4
Intraday Support of ZINC are 102.4/101.5/99.9/97.7/94.9/90.4/87.9/83.3/78.8