MCX Zinc Anticipated Happened and Elliott Wave Analysis

 MCX Zinc hourly continuous chart anticipated on 21st March 2021


MCX Zinc hourly continuous chart anticipate happened on 8th April 2021


In my previous update on MCX Zinc dated 21st March 2021, I had mentioned, "MCX Zinc is positively poised and can move till 230-232 levels over short term with support placed at 214 on closing basis."

Zinc failed to move below 214 levels and continues to soar there by achieving the level of 230-232, thus gaining 5% in fortnight.

Here is the link of my previous article on Zinc, click on it

https://www.marketanalysiswithmeghmody.com/2021/03/mcx-zinc-elliott-wave-analysis.html

At present, prices are moving in wave c which is impulse in nature in which it is moving in wave iii. It has also reached 78.6% of the previous fall. After that wave iv and wave v up is still pending.

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