Sunday 20 July 2014

CAPITAL STROKE UPDATE 21 July-2014 : MCX ZINC


ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-143 R1-141 S1-137 S2-135
Zinc dropped as escalating geopolitical turmoil and downbeat Michigan's June CCI depressed market sentiment.
The global zinc market fell into a 194,000 tonne deficit in the five months to May 31 – ILZSG.

Zinc weekly stocks at Shanghai exchange came up by 132 tonnes.

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