SUNDAY



WEEKLY UPDATE



Zinc prices dropped from its peak and was trading near it s support and



closed at 138 levels, trend for the commodity looks bearish and any



close below 137 – 137.5 will be considered as trend reversal thereby



we expect prices to drop up to 134 levels with strong resistance at 139.2 levels.



Weekly Call :


Sell Zinc only below 137.5


with stops above 139.2



for tgts 135 and 134.