MCX Zinc November 2017 Weekly: Further Rise Is Above 219 20 Nov 2017 10:40 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 20/11/2017 MCX Zinc November 2017 Weekly: Further Rise Is Above 219 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 199. Expect higher range of 213-224 to be tested. Further rise is above 219 and traders can look for rise to take profits. Re-enter long on rise and close 219. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 208.8 195.6 UP 174.4 23.06 194.2 204.1 209.2 213.9 223.8 *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 208.8 -1.8 629694976 13.8 6908 -11.7 Negative Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 60.93 -5.61 58.91 0.67 8.68 -3.40 59.60 -9.37 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 Mumbai Black Matpe (Urad) Trending Higher / Next Resis... RBD Palm Olein (Kandla) Positive Short-term Trend / Ne... Soybean Meal (Indore) Trending Higher / Next Resistanc... Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex... Weekly: ICE raw sugar records loss for second week in a...