Monday, January 26, 2015
ZINC UPDATES FOR JAN 26 2015
MONDAY
WEEKLY UPDATE
Mcx Zinc prices last week went up to 132.5 levels and fromed inverted hammer
which is a bearish candle , similarly weekend witnessed a heavy sell off in
the market to close at 128 levels, below 128 levels prices is expected to
drop further up to 124 levels trend for the commodity remains very bearish.
Weekly Call :
Sell Zinc between 128.25 – 128.75
with stops above 131
for targets 126 and 124.5.
WEEKLY UPDATE
Mcx Zinc prices last week went up to 132.5 levels and fromed inverted hammer
which is a bearish candle , similarly weekend witnessed a heavy sell off in
the market to close at 128 levels, below 128 levels prices is expected to
drop further up to 124 levels trend for the commodity remains very bearish.
Weekly Call :
Sell Zinc between 128.25 – 128.75
with stops above 131
for targets 126 and 124.5.