MCX Zinc February 2018 Weekly: Expect Higher Range To Be Tested 19 Feb 2018 11:22 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 19/02/2018 MCX Zinc February 2018 Weekly: Expect Higher Range To Be Tested 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 216. Weaker opening and correction first to 227-222 can be used for buying with a stop loss of 216. Expect higher range of 236-250 to be tested. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Long 230.75 207.15 UP 174.4 23.06 208 222 227 236 250 *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 230.75 5.8 511085024 -15.1 9424 12.3 Positive Addition Long TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 69.12 4.25 87.38 -6.71 7.70 7.21 60.53 5.50 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 cotton futures post extend fall for sixth s...