SUNDAY


WEEKLY UPDATE




Zinc is the only base metal which looks extremely bullish after nickel, trend for the commodity



looks very strong and we expect prices to move further up to 142.8 – 144 levels immediate



resistance for the commodity is at 140 levels supports for the commodity is at 138 levels,



buy above resistance is advisable with stops below supports for the said targets.




Weekly Call :




Buy Zinc Only above 140 and add further on dips up to 139.5



with SL below 137.75



for target 142.8 – 144.(since commodity is highly volatile High risk traders may prefer to trade in Mega lots)




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