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Monday, June 20, 2016

ZINC UPDATES FOR JUNE 20 2016

MONDAY




WEEKLY UPDATE



Mcx Zinc was dropped below its supports at 135 levels and closed at 132.6 levels



we expect prices to correct further up to 130 levels in the days to come sell



on rises is advisable , immediate supports for the commodity is at 130



resistance for the commodity is at 133.5 – 135.




Weekly Call :



Sell Zinc on rises between 133.5 – 134



with SL above 135.5



for targets 131.5 – 130.



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