ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-146 R1-144 S1-141 S2-139
Zinc gains with some market participants attributing the industrial metal’s gains to expectations of more economic stimulus from China.
Recent data showed expansion in Chinese manufacturing fell to its slowest pace in three months while housing prices continued to drop.
Zinc daily stocks at Shanghai exchange came up by 77 tonnes.
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