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Monday, April 29, 2013

MCX ZINC UPDATES FOR APRIL 29 2013

MONDAY


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MCX ZINC UPDATES


Last week Zinc prices went up to 104.5 levels and then fall down to 100.85 levels ..


commodity is still below the trend line and the candle formation is also like


doji which confirms the bearish signal for the week ahead if the


prices opens below the week close then selling is expected till 96 levels,


Week strategy


Sell zinc below 100.5 with stops above 102 for


target of 97.5 and 96 ..