Tuesday 3 June 2014

CAPITAL STROKE UPDATE 4-June-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-128 R1-126 S1-122 S2-120
Zinc gained buoyed by signs of reviving momentum in China's economy as China returned from a holiday weekend.
HSBC’s China final manufacturing PMI for May released on Tuesday rose to a fresh 4-month high of
49.4.

Zinc daily stocks at Shanghai exchange came down by 826 tonnes.

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