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Sunday, August 31, 2014

ZINC UPDATES FOR AUG 31 2014

SUNDAY



WEEKLY UPDATE



Out of all base metals Zinc and aluminum are the commodities were prices are



holding near to its resistance levels, over all trend for the commodity is



under bulls hand any decisive breakout above 143.50 levels or close above



the said levels will give a positive impact for the commodity to next level



up to 146 levels.


Weekly call :



Buy Zinc only above 143.50 (


low risk traders can initiate buy on close above 143.25)



with stops below 141.3 for tgt 146 and 147.