Sunday, November 2, 2014
ZINC UPDATES FOR NOV 2 2014
SUNDAY
WEEKLY UPDATE
Zinc prices was trading in the range between 137 to 143,if we saw the
above chart it is very clear that prices have obeyed the trend line
perfectly and again dropped back to 142 levels, more fall is expected
below 141 levels and similarly break out is expected if prices gives
a break above 143.5 levels, over all trend for the commodity seems to
be trading in sideways.
Weekly Call :'
Sell Zinc only below 141
with sl above 143
for targets 139 and 138.
WEEKLY UPDATE
Zinc prices was trading in the range between 137 to 143,if we saw the
above chart it is very clear that prices have obeyed the trend line
perfectly and again dropped back to 142 levels, more fall is expected
below 141 levels and similarly break out is expected if prices gives
a break above 143.5 levels, over all trend for the commodity seems to
be trading in sideways.
Weekly Call :'
Sell Zinc only below 141
with sl above 143
for targets 139 and 138.