SUNDAY




WEEKLY UPDATE



Zinc after a long run from 125 to 145 levels last week prices hanged near 145 levels


for the whole week even on closing we witnessed mild correction from 145 levels,


now strong supports for the commodity is at 142 levels


break down below 142 will bring down back the prices to 140 levels


with resistance above 143.5 levels.



Weekly Call :


Sell Zinc only below 142



with stops above 143.5


for target 140.



Close below 140 add further shorts for next targets 138.75 and 138.