breaking the trend line sell trade for intraday - entry at 242 to 240 range
ZINC (Daily):- CMP 229.5 looks good for upside invalid below 220 DCB :) 1) Taking support from previous supports :) 2) Taking support from previous moving average
taken support from daily chart trendline RESISTANCE @ 217.40 bullish view if breaks resistance
getting ready for next pole ! ( BULLISH) ADX +VE RSI +VE SMA +VE
ZINC taking support @220.40 . Trading above 20days moving average making flag pattern in 15min candles (Short term bullish)
may take support@226.40 (bullish) educational purpose
This metal is in sideways between 213 to 228. *Disclaimer : Hereby I shared my view. Please trade with your own and comfortable ideas.
Chart is self explanatory...
Here's the daily chart of the MCX zinc. It has made two Elliott waves. The first one is bearish, and the second one is bullish. The bearish was started from the 11th of April 2019 and ended on the 19th of March 2020. The bullish one started on the 19th of March 2020, and the fifth wave of this Elliott wave is remaining. In the Elliott wave theory, each wave has...
Buy in dip at 210 sl 189 target 265. Buy in farthest month Disc : It's not an investment advise to buy or sell