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Sunday, July 20, 2014

ZINC UPDATES FOR JULY 20 2014

SUNDAY



WEEKLY UPDATE



Zinc prices shoots up to 139 and was trading very tight in the same


range for the whole week trend remains bullish however only a


break and close above 139 levels will confirm the bull trend till


then some profit booking is expected in the market.


Weekly Call :


Buy Zinc only on dips near 136.5 – 137


with stops below 135.25


for targets 138.3 and 139.


Add further buys above 139


or if prices opens up and gives a breakout above 139


then buy zinc with stops below 137.25


for target 142.