CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-143 R1-141 S1-136 S2-134. Zinc gained after data showed that the metal mainly used for galvanising steel was in a deficit of 234,000 tonnes in January to June. Home prices in China's first-tier cities are expected to fall due to high inventories, fueling concerns over China's property market. Zinc daily stocks at Shanghai exchange came up by 4060 tonnes.
For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704