ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-139 R1-137 S1-133 S2-131
Zinc settled down on profit booking as investors were cautious before the release of minutes from the most recent FOMC meeting.
Investors held firm to the view that the metal will face shortages due to mine closures and is currently a good proxy for recovering global growth.
Zinc daily stocks at Shanghai exchange came up by 3740 tonnes.
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