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ZINCMINI TREND & INTRADAY LEVELS

Trend updated for-May/21/2012.CMP-104 The Zincmini is in long- term bull phase .Currently Zincmini is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Zincmini is in SELL position.Positionally Support for the Zincmini is 103-.Resistance for the Zincmini is 105-106-

Short term and Intraday Level of ZINCMINI

Currently Zincmini is in HOLD LONG position Zincmini is in sideways and sellers was at high so for short term better buy above 103.9 or hold with stop at 102.6 The next resistance will be at 104.8 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 103.9 with a stop at 103.3 Below 103.3 go for sell and put stop at 103.9

INTRADAY LEVEL OF ZINCMINI

PROBABLE HIGH

PROBABLE LOW

104.1

BULL

104.0

103.0

103.9

UP BREAKOUT

104.0

103.0

103.9

STOP LEVEL

LEVEL FOR LONG

LEVEL FOR SHORT

103.9

SELL

104.0

103.0

PIVOT

103.6

5 DAY HIGH

104.8

103.3

BUY

5 DAY LOW

102.6

103.3

STOP

AVG VOLUME

24601

103.3

DOWN BREAK OUT

LAST DAY

Strong Bull

103.1

BEAR

HIGH

103.65

TRADING POSTION

SELL

LOW

103.4

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