Sunday 15 June 2014

CAPITAL STROKE UPDATE 16-June-2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-126 S1-124 S2-120
Zinc ended with gains as China's industry output in May was positive, boosting market confidence.
But euro zone trade data in April, US May PPI and University of Michigan's June CCI all fell far short of expectations, limiting upside.
Zinc weekly stocks at Shanghai exchange came down by 2296 tonne

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