WEEKLY ANALYSIS AND TRADE SETUP- 2 APRIL 2017

Last week we have booked great profit in short trade.

As mentioned in last weekly analysis we expected that price may fall till 178 level and now this level has given nice support to falling prices.

Now zinc is in monthly uptrend with side ways on weekly with poorly formed demand area is in control.
Trend on daily is down but on 240 min trend is up with up trend line.
Which is basis to start long trend near market close time.

OI analysis suggesting addition of shorts in the system.


Trend Analysis:




OI Data Analysis:




Trade Setup: