ZINCHello & Welcome to this analysis
A bullish harmonic Gartley has been formed suggesting upside levels of 275 - 285 as long as it does not break 257
All the best
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Contract highlights
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Zinc 2.8 points profit booked on buy trade,buy on dip till 265 Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,
ZINCMultiple demand zone found on the area between 264-262 with gartlet ,butterfly ab=cd
so can be best buy zone for zinc 264-262 add more if get dip arround 255 with closing stoploss of 252 below tg 276-286-293-300
mcx zinc update edu pur.mcx zinc ---- stya blw 279.55looks dwn fall till 277--275++++ hurdel 281.55 for up side---- china package still no clear move yes looks for sell on rise with hurdel sl
zinc copper crucial update edu pur.mcx zinc now looks profit booking expect or some weak data from another side now have to watch 285 stya blw than looks 280--277--272+++ hurdel 287.55 only abv mkt again boommmmmm. where copper gap dwn open or blw 840 looks dwn 833--28--22++ abv 853 only zommm
Zinc MCX Future Intraday Technical Chart Analysis 3rd Oct., 24๐ Zinc MCX Future Intraday Technical Chart Analysis
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Date: 3rd Oct., 2024
๐ Range Trigger Point: 284.45
๐ Day Range: 3.50
๐ข Buy Above: 283.81
๐ผ Average Position: 283.40
๐ฏ Buy Target 1: 286.61
๐ฏ Buy Target 2: 287.95
๐ต Stoploss: 282.64
๐ด Sell Below: 282.99
๐ฏ Sell Target 1: 282.29
๐ฏ Sell Target 2:
zinc abv 269.55 analysis edu pur.zinc mcx stya abv 269.55 looks zoom up 271--273== possible where 267.50 support find to rally occur let see wht happen in eveng time
zinc mcx analysis edu pur.zinc mcx daily chart looks scary now yes blw hold 265 looks 252--45 soon where hurdle 267.60 abv ma some dedicate bounce back till 269--271+++++ yes base metal in pressure in rise inventory or less demand
Zinc MCX Future Intraday Analysis for 29th August, 2024๐ Zinc MCX Future Technical Chart Analysis
๐ Range Trigger Point: 267.35
๐ Day Range: 4.60
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Level Type: Daily
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Valid For: 29 Aug, 2024
๐ Buy Above: 269.34
๐ผ Average Position: 268.80
๐ฏ Buy Target 1: 270.19
๐ฏ Buy Target 2: 271.95
๐ Stoploss: 267.81
๐ Sale Below: 268.26
๐ฏ Sale Target 1: 264.51
๐ฏ S
Zinc bought at 250 trail sl 260 Target 268, 276, 283-286Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell T
See all ideasย
Displays a symbol's price movements over previous years to identify recurring trends.
Sorry, this is only available to registered users
MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Frequently Asked Questions
๏ปฟThe nearest expiration date for Zinc Futures is Jun 30, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Zinc Futures before Jun 30, 2025.
Open interest is the number of contracts held by traders in active positions โ they're not closed or expired. For Zinc Futures this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Zinc Futures shows that traders are closing their positions, which means a weakening trend.