Wednesday, 10 April 2013

Zinc news

Trend updated for-Apr/11/2013.CMP-103 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 104-108-110-


Currently Zinc is in HOLD LONG position Zinc is moving sideways with low volatality so short term investor better to buy if close above 105.95 close below 102.05 Sell will happen. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 104.9 and Sell if below101.4
Intraday Resistance of ZINC are 104/104.7/108.4/111.3/116.4/119.3/124.8/130.4
Intraday Support of ZINC are 102.3/101.6/98.6/95.8/91.2/88.7/84.1/79.6

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