LEADMINI CHARTS FROM AUGUST TILL SEPTEMBER 7th
Both Leadmini and Zincmini have gone up. This kind of price hike
could come down very rapidly. Both the metals are in the overbought zone.
Traders should be very careful in taking long positions. Both the metals are
trading at 50 days average which is good. But a correction could come at any
time. Both these metals are moving along with gold prices which is a point to
note. Any change in price of gold or USD INR rates can make a difference.
ZINCMINI CHARTS FROM AUGUST TIL SEPTEMBER 7th
In the
beginning of May both the metals did touch these levels. Soon after a big
correction brought the price of Zincmini down to 103 levels that is 100 days
moving average. The correction may
not be very deep as in the may because
gold is predicted to climb higher traders can give more time to the market to
give a clear signal
Trading levels
for Zincmini and Lead mini has been already posted in this blog.
Happy trading
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