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ZINC TREND & INTRADAY LEVELS

Discussion in 'Commodity vs Dollar' started by tradebizzindia1, Jun 6, 2016.

  1. tradebizzindia1

    tradebizzindia1 New Member

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    The Zinc is in perfect uptrend .Currently Zinc is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Zinc. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 127-126-125-123-120-. Immediate resistance for Zinc is 136.

    BUY ZINC ABOVE 135.50 TRGT 136/136.50 SL 134.60 .

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  2. farhan khan

    farhan khan New Member

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    Zinc on MCX settled down -1.83% at 134.05 prices fell on Thursday alongside oil and equities in volatile trade fuelled by worries about the British referendum on European Union membership, but a weaker dollar helped provide some support. European equity indices fell to their lowest since late February, while oil fell to its lowest in more than three weeks as markets fretted about the fallout if Britain votes to leave the EU on June 23.
     
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