#Watchlist
#ZINC (4hr):- 247.75 CMP, at Support looks good for 253/255 (Invalid Below 245 DCB)
1) Trading at Support Zone :)
2) Volume Contraction
#Disclaimer:- View shared is for educational purposes only.
#StockToWatch
Zinc took a bounce back from the lower levels yesterday, and it has failed to break last week's low level of 212.1 . Intraday traders can initiate long positions for levels of 219.6 - 220 .
If it breaks last week's low, we may see 210 - 208.6 levels. Overall, it's positive. Long positions can be initiate with targets at 221.6 - 224 - 230 in extension.
The...
1. Look for a buying opportunity as long as Copper stays above 2.695
2. Avoid any shorting opportunity above 2.695 however attractive it may seem. Shorting below 2.695 only.
