last buy gvn 232 abv hit 239 enjoyedd long term---now eys on 238 sustain abv or close abv 2 days thna nxt rally up side 258--70+++ buy on dipsss sl 231 looking big breakout here -- same as copper looks 880++ in near termss
yes eyes on 221 if stya blw or close blw 2 days thna expect dwn side move 219--15+++++ yes hurdel 224.55 only abv mkt may revert sell on rise after lvl with hurdel sl
Examining the daily chart of MCX Zinc utilizing Fibonacci retracement, notable developments are observed. In May 2023, Zinc breached the 61.8% retracement level but did not test the subsequent level at 78.6% . Instead, it retraced back to the 61.8% level. The pivotal level of 228 suggests that the downtrend in Zinc may have concluded. This level holds...
zinc crucial update blw abv 220.55 bull zone---- styaa bv 220.50 looks up side 223--224+++++ due to fed rate cut possibility matel looks climb up buy on dips with strict sl 219.55
sell zinc 210--211 tgt 205--202 yes broken trend line now stya bwl 210 looks dwn fall or usd stronger thna also it will effect so slel on rise sl 213 more update stya with us dontmiss 15 aug after offer rally
zinc already gvn sold blw 217 its will dwn only now see it hit 215 now eveng mkt if stya blw 215 than thna mkt again dwn side 214--213 let see eveng move sl n trade hrs after breakout-- where hurdel 219 for dedcat bounce more update stya tuned with us--copper support 719 or hurdel728 break out any range with volume will update in trade hrs.. eyes on lvl trade...
Hello Friends
Here we had shared possible Elliott wave counts on Zinc Futures chart of mcx
Elliott Wave Analysis for Zinc Future (Hourly Chart)
Bullish Outlook:
On the hourly chart of Zinc Future, the Elliott Wave analysis suggests that the asset has completed wave 1 and wave 2. The current price action indicates the unfolding of wave 3, with sub-waves (i),...
