Thursday 11 September 2014

CAPITAL STROKE UPDATE 11-September-2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-144 R1-142 S1-138 S2-136

Zinc recovered from days low and stayed in a narrow range as anticipation of further stimulus package in China fell through

Investors continued to absorb Chinese Premier Li Keqiang's statement that China's economic growth will stabilize.

Zinc daily stocks at Shanghai exchange came down by 150 tonnes.

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