CMP: 117.20
Swing High: 124.45
Swing Low: 96.65
Res: 124.40/.45, 123.80
Supports: 115.60, 111.80
As long as Zinc resisted by 123.8/124.45, I expect to see 115.60 again.
Other targets: 115.1-114.7, 114-113.70, 112.15-111.80, 111.1-110.54, 109.25-109.15, 107.3-106.8, 104.8-104.5, 100.7-100.4
If Zinc supported by 115.60/116, I expect to see 118, 118.5-118.9, 119.3, 119.6-119.7, 120.1, 120.6-120.80, 121.3, 121.8, 122.5
Trade Idea:
1. Buy Zinc on dips with max sl 116, for 118, 119.3, 120.5.
2. Sell between 120-122, max sl 124.55, tgts: 115.6, 113.8, 112, 109.3, 107.3, 105.
2a. Sell below 115.6.
3. Buy between 107-100, SL 96.55, TGTs: 124.3, 133.
3a. Buy above 124.55
This analysis is for Study purpose only.
Read Disclaimer if you want to trade based on this.
Thanks.
Swing High: 124.45
Swing Low: 96.65
Res: 124.40/.45, 123.80
Supports: 115.60, 111.80
As long as Zinc resisted by 123.8/124.45, I expect to see 115.60 again.
Other targets: 115.1-114.7, 114-113.70, 112.15-111.80, 111.1-110.54, 109.25-109.15, 107.3-106.8, 104.8-104.5, 100.7-100.4
If Zinc supported by 115.60/116, I expect to see 118, 118.5-118.9, 119.3, 119.6-119.7, 120.1, 120.6-120.80, 121.3, 121.8, 122.5
Trade Idea:
1. Buy Zinc on dips with max sl 116, for 118, 119.3, 120.5.
2. Sell between 120-122, max sl 124.55, tgts: 115.6, 113.8, 112, 109.3, 107.3, 105.
2a. Sell below 115.6.
3. Buy between 107-100, SL 96.55, TGTs: 124.3, 133.
3a. Buy above 124.55
This analysis is for Study purpose only.
Read Disclaimer if you want to trade based on this.
Thanks.
