SUNDAY

WEEKLY UPDATE

Zinc in mcx market has dropped from 143 to 136 levels and closed above

its strong support line 137, any time if prices drops below 136.5 then

we expect a correction up to 134 to 133 levels, if not it will be a choppy

week (I e moving in the range between 137.5 – 140), Trend for the commodity

is highly range bound trading between 137 – 143 for last three months.

Weekly Call :

Sell Zinc only below 136.5

with sl above 138.5

for tgt 134 and 133.