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Sunday, March 22, 2015

ZINC UPDATES FOR MARCH 22 2015

SUNDAY



WEEKLY UPDATE




Zinc prices last week dropped to 124.5levels in the first session of the week which



is very strong supports for medium term, prices have taken supports at its key support



levels and bounced to close at 128 levels on weekend closing ,now we expect prices to



bounce further up to 131 to 132.5 levels in the days to come with the same support levels,



buy on dips is advisable for now.




Weekly Call :



Buy Mcx Zinc between 127.5 – 128



with stops below 125.5



for targets 130, 131 and 132.5