Friday, 27 June 2014

CAPITAL STROKE UPDATE 27-June-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-128 S2-126
Zinc gains as inventories in warehouses tracked by LME declined amid signs of improving demand also major macroeconomic news was positive.
Inventories monitored by the LME have fallen 57 percent this year to the lowest since August 2008.
Zinc daily stocks at Shanghai exchange came down by 75 tonnes.

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