MCX Trading ideas from Expert Buy Zinc Feb Contract

MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD is having a view that one can go buyin Zinc Feb contract.

Zinc is on bullish on daily Charts; Technically ADX and MACD is indicating bullish trend while CCI also indicate good fresh buying in it. Fundamentally global deficit and supply concern in China also supporting the price. Therefore I would suggest…

Buying Zinc above 229.85; we can expect it upside to levels closer to Rs 231.85– 233.85 zones while keeping a strict stop loss below Rs 225.85.

mcx zinc chart

Last call update: SELL DHANIYA APR BELOW 5910-23 RD JAN 2018 TARGET ACHIEVED 5810 ON 30 TH JAN 2018