MCX Zinc March 2018: Cover Short Position
MCX Zinc (Price figures below are in Rs/INR per Kg) Cover short position at 212.15 or below as the opportunity arises.
Expect higher range of 213.8-218.2 to be tested.
Further weakness is below 207.75.
TREND INFORMATION WITH INTRA-DAY LEVELS
CLOSE
DRV
TREND*
Trend Price
Trend Date
L1
L2
CP
L3
L4
212.15
215.77
DOWN
226.20
28.02
205.0
209.4
211.0
213.8
218.2
*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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