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Sunday, August 2, 2015

ZINC UPDATES FOR AUG 2 2015

SUNDAY




WEEKLY UPDATE




Mcx Zinc was trading in the south ward direction for more than two months and last week prices has given a breakdown


below 123 levels and closed at same levels now trend for the commodity turns more bearish and we expect prices to


correct further up to 119 levels with strong resistance above 126 levels. Sell on rises is the advisable strategy.



Weekly Call :


Sell Zinc Or Zinc mini at cmp 123 levels


and on rises up to 124.5 levels



with stops above 127



for target 119.5 levels.



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