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Mcxzinctips

MCX Zinc Ready For Another Rally AttemptZinc is going upward since April. Recently, it has broken the strong support trendline and made an excess. At present, it's running at a strong support line. So what are you expecting next? Technically, the crossover of 20 & 50 MA indicating a downtrend ahead, and multiple volume spikes are a direct sign for an uptrend. Simple Trading Strategy for the Intraday Traders: The day traders can keep buying above 0.886 value of retracement for the target of 194.6 - 196 and above. Breakout of 199.4 means boom..!!! It can fly from there for 203 - 206 levels. According to the Fibonacci retracement & moving average, zinc will collapse soon to the value of 0.786 . So, short-term investors can go for 185 levels.
MCX:ZINC1!Short
by freestocktips