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Sunday, August 30, 2015

ZINC UPDATES FOR AUG 30 2015

SUNDAY





SUNDAY





WEEKLY UPDATE


Mcx Zinc prices was trading in the negative zone for more than three months and last week prices holds



at 110 levels and given a bounce in the commodity to close 118.5 levels after testing a high of 119.5



levels, immediate resistance for the commodity is now at 120 levels and supports at 116.5 levels ,



buy on dips is advisable for the commodity we expect prices to test 120 to 123 levels in the days to come.




Weekly Call :




Buy Mcx Zinc Or Zinc mini at 118




and on dips up to 117



with sl below 115.4




for targets 120.5 and 122.


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