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Sunday, January 22, 2017

ZINC UPDATES FOR JAN 22 2017

SUNDAY




WEEKLY UPDATE




Mcx Zinc prices last week dropped from 189 to 181 levels and recovered back to close at 187.5 levels,



trend for the commodity remains bullish and very strong supports for the commodity



is at 186.5 – and 185 levels, resistance is at 189.3 – 190 levels,



breakout above the said levels we expect prices to give further rally up to 193 levels.




Weekly Call :




Buy Mcx Zinc only above 189.3



with SL below 186.5



for target 193.



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