Thursday 19 June 2014

CAPITAL STROKE UPDATE 19-June-2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-131 R1-129 S1-125 S2-123
Zinc settled firm as optimistic statements by the Chinese Premier should continue to lend solid support to prices.
Fed Yellen’s remarks on economy and job market following the policy meeting were welcomed by the market, allowing US stock prices to rise further

The number of US initial jobless claims last week and Philadelphia Fed’s June manufacturing index will be released today.

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