MCX Zinc September 2017 Weekly: Further Rise Is Above 206 Closing 19 Sep 2017 10:40 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 18/09/2017 MCX Zinc September 2017 Weekly: Further Rise Is Above 206 Closing MCX Zinc (Price figures below are in Rs/INR per Kg) Traders by chance long and holding the same can maintain the stop loss at 190. Further rise is above 205.8 closing. Resistance will be at 199-206. Further rally is above 206. Traders long can take profits at 199-206. Re-enter long on rise and close above 206. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 194.9 184.1 UP 174.4 23.06 183 191 195 199 206 *Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY Last Close Price G/L% Volume V -G/L% Open Interest OI -G/L % Candle Position 194.9 0.6 631014976 1.6 7106 -2.0 Indecisive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 59.90 1.21 70.13 -7.93 6.06 2.33 58.20 5.76 Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Domestic Weekly Technical Analysis MCX : Lead & Zinc Weekly Chart MCX : Aluminum & Copper Weekly Chart MCX : Lead & Zinc Weekly Chart MCX : Aluminum & Copper Weekly Chart MCX : Lead & Zinc Weekly Chart more Top 5 News NCDEX : Guar Gum & Guar Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX Turmeric Weekly Chart* NCDEX : Dhaniya & Jeera Weekly Chart NCDEX : Cotton Seed & Kapas Weekly Chart Top 5 Special Reports Weekly: ICE cotton futures extend decline; no respite f... Weekly: ICE raw sugar futures post double digit price d... Canadian Lentil Prices Hit Record Highs, Outlook Remain... Canadian Chickpea Prices Hit Record High, Outlook for 2... Canadian Dry Pea Market Sees Price Rise Despite Export ...