SUNDAY



WEEKLY UPDATE



Zinc Prices dropped last week from 139 levels to close at 133.75 levels , trend


for the commodity remains bearish and we continue to maintian our bearish view


in the commodity, every rise is an opportunity to sell the commodity ,


we expect prices to test 132.5 levels immeditately and any close below 132.5


may have further selling pressure in the commodity and is likely to test 130 levels.


Weekly Call :


Sell Zinc on rises between 134 – 134.5


with stops above 135.75


for target 132.5 ,


close below 134.5 add further position with stops at cost for target 130.