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Sunday, October 23, 2016

ZINC UPDATES FOR OCT 23 2016

SUNDAY


WEEKLY UPDATE


Zinc in mcx last week taken supports at 150 levels and went 


up to 154 levels but could not able to sustain at higher levels 


and dropped back to 150.75 levels, over all trend for the

 commodity remains bearish and we expect prices to drop


 back to 148 levels sell at current levels and on rises is advisable.



Weekly Call :



                Sell Mcx Zinc at CMP 150.75


 and on rises up to 151.25 \


with SL above 153


for targets 149 – 148.

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