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Saturday, 16 March 2013

Excellent ZINC TREND & INTRADAY LEVELS

Excellent ZINC TREND & INTRADAY LEVELS
                                            
Mar/18/2013.CMP-105 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 . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 105.Resistance for the Zinc is 107-109-111-112-
Intraday Trend- Buy is advised above 106.2 with a stop at 104 Below 103.4 go for sell
Intraday Resistance of ZINC are 105.4/106/107.1/110.4/113.4/118.5/121.4/127/132.6
Intraday Support of ZINC are 104.2/103.6/102.5/100.5/97.8/93.1/90.6/85.9/81. 

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