MCX Zinc Trend - Support and Resistance Levels


Overall MCX Zinc Trend for today, tomorrow, current & next week and month

Last Update: 30-05-2023

Trend

Signal

Intraday

Down Trend

Short Term

Down Trend

Long Term

Down Trend

Below zinc trend support, resistance and technical levels charts are updated between 9.15 to 9.30 am daily. You can make use of the below charts and price levels to make your own trading decisions. Weekly & Monthly support resistance levels are very important market turnaround reversal or breakout levels to lookout for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance levels plotted below can be used for either exit - entry or entry - exit. These forecast are valid from intraday to short term to long term.

MCX Zinc Trend Today


MCX zinc is currently in Down Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session on a 5-15 minute chart.

MCX Zinc Trend

Intraday Zinc Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

212.82

212.02

213.22

213.71

214.52

Sell below

212.02

212.82

211.61

210.99

210.32

We also expect the commodity zinc futures to react on the below support and resistance levels for today.

Intraday Zinc Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

213.58

214.52

215.68

Intraday Zinc Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

211.48

210.32

209.38

Earnometer Zinc


Below earnometer zinc power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Zinc Levels

Price

Three Days Before High

209.9

Two Days Before High

212.4

Yesterdays High

213.35

Pivot

212.42

Yesterdays Low

211.25

Two Days Before Low

208.5

Three Days Before High

204.15

Earnometer Zinc Update:

Earnometer Zinc

Important Zinc Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

294.65

4MH

Four Month before High

304.55

3MH

Three Month before High

299.4

2MH

Two Month before High

277.85

LMH

One Month before High

259.3

CMH

Current Month High

241.55

4WH

Four Week before High

240.4

3WH

Three Week before High

241.55

2WH

Two Week before High

233.15

1WH

One Week before High

225.15

CWH

Current Week High

213.35

PDH

Yesterdays High

213.35


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

266

4ML

Four Month before Low

267.15

3ML

Three Month before Low

263.7

2ML

Two Month before Low

253.7

1ML

One Month before Low

232.2

CML

Current Month Low

204.15

4WL

Four Week before Low

233.1

3WL

Three Week before Low

229.45

2WL

Two Week before Low

224.4

1WL

One Week before Low

204.15

CWL

Current Week Low

209.85

PDL

Yesterdays Low

211.25

Short Term Zinc Commodity Trend


According to quant's technical analysis mcx zinc is currently in Down Trend for short term.The below analysis & forecast is valid for tomorrow & current week.

Short Term Zinc Commodity Trend

Short Term Zinc Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

217.59

209.57

221.61

226.56

234.58

Sell below

209.57

217.59

205.56

199.28

192.58

We also anticipate the commodity zinc futures to respond on the below support and resistance levels for this week.

Short Term Zinc Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

223.02

234.58

244.02

Short Term Zinc Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

202.02

192.58

181.02

Long Term Zinc Price Trend


Long Term Trend - Zinc is currently in Down Trend for long term. The above forecast is valid for current month.

MCX Zinc Long Term Price Trend

Zinc Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

247.93

237.57

253.1

259.5

269.85

Sell below

237.57

247.93

232.4

224.29

215.65

In addition, we expect the commodity zinc futures to respond on the following resistance and support levels for this particular month.

Long Term Zinc Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

253.3

269.85

280.4

Long Term Zinc Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

226.2

215.65

199.1

Zinc Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



216.88

213.8

Resistance 3 (R3)

215.68

214.52

214.77

213.23

Resistance 2 (R2)

214.52

213.71

214.06

213.03

Resistance 1 (R1)

213.58

213.22

212.67

212.84

Pivot Point

212.42

212.42

211.96

212.42

Support 1 (S1)

211.48

211.61

210.57

212.46

Support 2 (S2)

210.32

211.12

209.86

212.26

Support 3 (S3)

209.38

210.32

208.47

212.07

Support 4 (S4)



206.37

211.49

Zinc Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



264.35

223

Weekly R3

244.02

234.58

243.35

217.22

Weekly R2

234.58

226.56

234.25

215.3

Weekly R1

223.02

221.61

222.35

213.38

Weekly Pivot Point

213.58

213.58

213.25

213.58

Weekly S1

202.02

205.56

201.35

209.52

Weekly S2

192.58

200.61

192.25

207.6

Weekly S3

181.02

192.58

180.35

205.68

Weekly S4



159.35

199.9

Zinc Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



305.17

251.65

Monthly R3

280.4

269.85

278.07

244.2

Monthly R2

269.85

259.5

268.69

241.72

Monthly R1

253.3

253.1

250.97

239.23

Monthly Pivot Point

242.75

242.75

241.59

242.75

Monthly S1

226.2

232.4

223.88

234.27

Monthly S2

215.65

226

214.49

231.78

Monthly S3

199.1

215.65

196.78

229.3

Monthly S4



169.68

221.85

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi commodity exchange of India. Technical trend analysis of zinc is done every day and updated between 9.15 to 9.30 am on daily basis.