Mcx zinc hit high near 166 tgt given 170

Mcx zinc intraday outlook 4th November 2016 Mcx zinc intraday outlook 4th November 2016 Mcx zinc future last closed at 165.65 with gain. Mcx zinc moving higher above 158 as expected and hit high around 166, my given target was 170. For today mcx zinc future outlook remain bullish and intraday trading will be buy on dips.   Mcx nickel future intraday resistances as well as intraday targets zones are 167 and 168. On downside 163 and 162 are support zones as well as fresh long entry zones.   Current price and indicators pattern suggesting mcx zinc future above 158 will remain buy and accumulate for targets 169 and 176.

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Pramod Baviskar

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