Tuesday, 9 April 2013

Zinc news

Trend updated for-Apr/09/2013.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 showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 104-109-110-
Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 102 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 104.8 with a stop at 101.6 Below 100.6 go for sell with a stop at 103.8
Intraday Resistance of ZINC are 103.3/103.8/107.7/110.7/115.7/118.6/124.1/129.7
Intraday Support of ZINC are 102.1/101.6/98/95.2/90.7/88.2/83.5/79

No comments:

Post a Comment