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Sunday, September 11, 2016

ZINC UPDATES FOR SEPT 11 2016

SUNDAY



WEEKLY UPDATE



Mcx Zinc last week opened at 156 levels and dropped to 152.2



 levels and closed at 153, trend for the commodity remains


 bearish and we expect further selling to take place below 152.2 levels, 



supports for the commodity is at 152.2 and 150 levels,


 Sell at current levels is advisable with stops above 155.



Weekly Call :



Sell Zinc at CMP 153 



and on rises up to 153.5



 with SL above 155



 for target 150.





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