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MCX Zinc October: Accumulate At Lower Range

30 Sep 2016 10:20 am
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Report for Date: 30/09/2016


MCX Zinc October:
Accumulate At Lower Range

MCX Zinc (Price figures below are in Rs/INR per Kg)

Hold long position with a stop loss of 155.

Accumulate at 157-156.3 with a stop loss of 155.

Expect higher range of 158.3-160.2 to be tested.


TREND INFORMATION WITH INTRA-DAY LEVELS


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STRATEGY

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Hold Long

157.60

153.94

UP

68.9

10800.00

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