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Sunday, March 29, 2015

ZINC UPDATES FOR MARCH 29 2015

SUNDAY



WEEKLY UPDATE



Zinc prices last week test a high of say 132.7 levels and dropped to 129 levels



but taken strong supports at the levels and bounced to 130 levels, technical looks



bullish but breakout above 130.5 will give a move strong supports at 128 and 129 levels,



resistance at 132.6 and 134 levels we expect prices to give a rally up to 134 levels.




Weekly Call :




Buy Zinc or zinc mini on a breakout above 130.5



and add further on dips up to 129.8



with stops below 128.5



for targets 132.5 and 134.