ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-147 R1-145 S1-141 S2-139
Zinc dropped on profit booking a rising US dollar index kept investors cautious despite US July factory orders grew most significantly since 1992.
Although Russia and Ukraine reached a cease-fire agreement and US factory orders were positive in July weighing on prices.
Zinc daily stocks at Shanghai exchange came down by 249 tonnes.
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