Friday, 30 May 2014

CAPITAL STROKE COMMODITY UPDATE 30 MAY 2014:: MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124.5 S1-121 S2-119 .Zinc prices ended with losses as pressure seen due to a decline in US GDP growth for Q1. Zinc holding gain's as closures of a number of zinc mines over this year and next would lead to a supply crunch.The firm US dollar index and rising stocks indicated investors expected brighter growth in the second quarter. 



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