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Tuesday, March 13, 2018

ZINC UPDATES FOR MARCH 13 2018

TUESDAY 11.55 AM IST




MARKET UPDATE



Base metals are trading lower this morning on the Shanghai 


Futures Exchange .


Zinc is the only metal to witness any gains this morning .


Mcx Zinc opened positive yesterday after a sharp up move


which was witnessed on Friday with favourable 


data released from the US ,


Mcx Zinc traded at a high of Rs 213.55



Weakness set in below 212


Fresh selling ensued in the evening session .


Tried to hold its ground at Rs 212.30 levels 



Sharp selling arose and Zinc tested a low of Rs 209.90



TODAYS TRADE


Mcx Zinc currently trading at Rs 212.20


Immediate resistance seen at Rs  213.50 and 214.30


Supports are seen at Rs 210.40 / 209.50 and 209.80


We will keep updating 


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