Zinc
:
Zinc
prices gained tracking LME prices closed up 0.8 percent at $2,790 a tonne
buoyed by dollar weakness. The Zinc is in perfect uptrend. Currently Zinc is in
strong uptrend and the trend is supported with good volume the open interest is
not increasing with trend. Cautious point is buying at higher levels seems
decreasing. The Zinc is now trading in overbought level. The Zinc is now
trading in overbought level. The oscillator is showing buy signal for short
term Zinc is in hold long position. Positional Support for the Zinc is 178.
Immediate resistance for Zinc is 193.
8817002233
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