FIB AND TL
Intraday Commodity Future Sell ZINC AUG @182-182.1 SL 183.20 TGT 179.80 MACD cross over + TK cross over so looks bearish
Intraday Commodity Future Sell ZINC AUG @176.1-176.2 SL 176.85 TGT 174.90 Just now it crosses TK line + MACD cross over so bearish sign
Intraday Commodity Future Sell ZINC AUG @176.5-176.6 SL 177.10 TGT 175.50 TK cross over so we expect more correction so go SHORT.
Zinc ... nearing crucial trend lien support...
Ranges between 173 to 175
Zinc target towards 176.25.
Targets 174/173. stop loss stands in 178.
Intraday Commodity Future Buy ZINC JUL @177-177.1 SL 176.30 TGT 178.30 MACD crossover indicates bullish signal so go long
The chart looks positive followed by support at 175/173. MCX Intraday Commodity Future Buy ZINC JUL @174.95-175.05 SL 174.40 TGT 176.10 Support S1 175 S2 173 Resistance R1 179 R2 180
As per the above chart, the parallel channel’s uptrend line can use as a stop loss. Hurdle: 162.6 Based on the current trend: Uptrend targets: 165 – 170+ Based on Fib. Retracement: Downtrend targets: 158.2 – 152.2 – 149.2
ZINC BUY ABOVE 165.5 SL 164.5 TARGET 166.9 SAFE TARGET 166.3
ZINC BUY 163.85 SL 162.84 TARGET 164.85
BUY ABOVE 164.6 SL 163 TARGET 165.6
SELL 165.6 SL166.6 TARGET 164.6 SAFE TARGET 164.9
ZINC JULY FUT BUY 161.5 SL 160.70 TARGET 162.5
ZINC SELL 162.3 SL 163.4 T1-161.35 T2 161.05
fib confirmation
