Report for Date: 26/09/2016
MCX Zinc September: Further Rise Is Above 155
MCX Zinc (Price figures below are in Rs/INR per Kg) Hold long position with a stop loss of 150.
Resistance is at 151.6-152.6-154.60.
Upside momentum is above 155.
Buy above 155 with low of the day stop loss or 152.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend
Price
Date
L1
L2
CP
L3
L4
Hold Short
151.5
152.0
DOWN
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