ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-134 R1-132 S1-128 S2-126
Zinc rose as prices were supported after inventories monitored by the LME fell to the lowest since December 2010.
Global zinc demand outpaced supply by 107,000 tonnes in January to April, up sharply from a deficit of 17,000 tonnes in January-March.
Technically market is under fresh buying as market has witnessed gain in open interest by 2.78% to settled at 3590.
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