MCX Zinc April 2018: Expect Lower Range To Be Tested
MCX Zinc (Price figures below are in Rs/INR per Kg) Traders short and holding the same can maintain the stop loss at 207.10.
Resistance will be at 203.40-204.40.
Lower range can be 201.8-199.1.
TREND INFORMATION WITH INTRA-DAY LEVELS
CLOSE
DRV
TREND*
Trend Price
Trend Date
L1
L2
CP
L3
L4
202.70
212.15
DOWN
228.30
27.02
199.1
201.8
203.5
204.4
207.1
*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.
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