zinc crucial update--- if close blw 221yes 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
Zinc Mini Futures
ZINCMINI1! trade ideas
zinc crucial update blwzinc stya abv 220.55 looks up side 223--225 buy on dipss with sl 218 as son as looks sudden up side
zinc breakout updatezinc mcx on dialy chart looks breakout if stya abv 216.55 thna up side ove 218--220 expect buy on dips after breakout sl 215
zinc update blw usdindex rise on so matel looking sharp dwn fall ahead sell zinc 212.50 blw s 214 tgt 211--209 keep tight sl or let seeee
Technical Analysis and Price Projections for MCX ZincExamining 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 significance as it could propel Zinc upwards, targeting levels of 236 , 242 , and potentially 257.6 .
According to the principles of Fibonacci retracement, a weak trend reversal signal is indicative of a weak trend. Therefore, if Zinc breaches the red trendline, a potential downside with target prices of 212 , 206 , and 200 could be anticipated. Caution is advised between the 61.8% retracement level and the trendline.
zinc crucial update blw abv 220.55 bull zonezinc 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 223.50-224 sl 224.85 tgt 219+++ already in report gvn sell zinc 223.50-224 sl 224.85 tgt 219+++ already in report gvn blw 228@ looking dwn breakout so sell on rise
sell zinc 210--211 tgt 205--202sell 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
A beautiful triangle breakoutPatterns like these are really hard to find . But what's even harder is capitalizing on them.
zinc crucial update blwzinc 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 with sl tgt----
buy gold abv 59060 sl 58970 tgt 59170--250+buy gold abv 59060 sl 58970 tgt 59170--250+ keep tight sl or let seeeeeeeee
copper zinc crucial update moresell zinc 219.55 or copper blw 727 sell on risee sl 730 zinc sl 220 tgt 217--722-20-- dollor index support for sellerr
Bullish Outlook as per Possible Elliott wave counts of Zinc mcxHello 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), (ii), (iii), and (iv) already completed. The ongoing sub-wave (v) is in progress, and the analysis considers the invalidation level for this count as the low of wave (iv) at 219.55.
Based on the Elliott Wave analysis, a potential long trade setup is identified with the following parameters:
One can enter a long position in Zinc Future at the current market price. Set the stop loss at 219.50, slightly below the low of wave (iv). Consider a possible upside target around 230 or higher.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
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Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Analysis is for informational purposes only and should not be construed as financial advice or a recommendation to trade. Trading in financial markets involves significant risks, and past performance does not guarantee future results. Always perform your due diligence, seek professional advice, and carefully consider your risk tolerance before making any trading decisions.
Bearish Sign In ZINCs Per Technical Analysis and Volume Analysis Mention Stock looks Bearish If its break 225.20-225 Level then Possibly We Can see 222,220,and 218 Level if you are Commodity Trader Then you can Plan to take Trade in this script.
sell ZINC Mini Aug Future Near 226, Sl 228, target 223,221.50
Time Frame - 3-4 days
Thanks And Regards
Ajay
zinc crucial update blwzinc stya abv 223 looks up side 225-27 where support 221 if blw thna mkt dwn side expect 219.50-217------- if abv 223 thna buy on dipss sl 221 blw tgt gvn abv report
MCX-Zinc Looks BullishAs Per Technical Analysis and Volume Analysis Mention Stock looks Bullish If its break 214.20 Then buy NATGAS MINI Aug above 214.20 Sl 213.30, target 215.50,216.30
Only For Educational Purpose.
sell zinc 212.75@--213 sl 214 tgt 210--208sell zinc 212.75@--213 sl 214 tgt 210--208 yes 4th hrs chart looks some dwn ward correction sue to dollor index pull up
sell zinc stya blw 215.55 tgt 214--213sell zinc stya blw 215.55 tgt 214--213 yes keep tight sl 217 looks bear formation now due to gap dwn open or china data not showing strength
ZINC MCXFUTURES HOURLY CHARTZINC MCXFUTURES HOURLY CHART
Breakout in place @ 216.80, Target placed @ 221.10 levels.
Its only an observation & not any suggestion
inetrday-- sell zinc blw 212.50 tgt 210--205inetrday-- sell zinc blw 212.50 tgt 210--205 yes take chance if break 210 thna more fall out looks like h&s pattern sl will be 215.55 cls base
zinc july head and shoulder pattern update blwin 4th hrs chart made looks like h&s pattern neckline present 210 stya blw or close blw 2 days will dwnside 205==197 expect .yes after lvl actived thna sell on rise with risk reward ratio sl more update stya with us
