CAPITAL STROKE COMMODITY UPDATE 16 MAY 2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-129 R1-127 S1-123 S2-121
Zinc ended with losses tracking weak LME prices as pressure seen since US government bond yields fell to a 1/2 year low
Moreover, data from the euro zone all disappointed kept pressure on prices.

In Europe, the euro zone GDP grew 0.2% on a quarterly basis during Q1, on par with Q4 last year but missing forecasts.
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