CAPITAL STROKE COMMODITY UPDATE28 MAY 2014 :: MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124.5 S1-121 S2-119.Zinc prices ended with gains as some support seen after data showed that US May PMI and Conference Board’s CCI were both positive.In the US, orders for durable manufactured goods increased 0.8% MoM in April, exceeding the 0.7% decline expectedZinc daily stocks at Shanghai exchange came down by 2299 tonnes. 

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