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Sunday, May 1, 2016

ZINC UPDATES FOR MAY 1 2016

SUNDAY



WEEKLY UPDATE




Mcx Zinc last week was corrected from 127 levels to test its strong supports


at 124 levels and slowly bounced back to close at 129 levels which is a



breakout level, we expect further bullishness in the commodity and


is expected to test further high up to 132.5 levels, buy on dips is advisable.



Weekly Call :



Buy Mcx Zinc between 128.5 – 129


with SL below 127


for target 131 – 132.5


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