Trend updated
for-Apr/04/2013.CMP-101 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 . In last few days volume based
selling happened in the Zinc. The oscillator is showing SELL signal
For short term Zinc is in HOLD SHORT position.Positionally
Immediate support for Zinc is 100.Resistance for the Zinc is
103-105-110-111-
Currently Zinc is in HOLD SHORT position The
Zinc is in downtrend For short term buy only if close above 103.0 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 102.1 with a stop at 100.4 Below 100 go for sell and put stop at 101.7
Intraday Resistance of ZINC are 101.8/102.4/105.8/108.7/113.7/116.5/122/127.6
Intraday Support of ZINC are 100.3/99.7/96.2/93.4/88.9/86.4/81.8/77.4
Intraday Trend- Buy is advised only above 102.1 with a stop at 100.4 Below 100 go for sell and put stop at 101.7
Intraday Resistance of ZINC are 101.8/102.4/105.8/108.7/113.7/116.5/122/127.6
Intraday Support of ZINC are 100.3/99.7/96.2/93.4/88.9/86.4/81.8/77.4
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