Thursday, 9 October 2014

CAPITAL STROKE UPDATE 9 October 2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-147 R1-145 S1-141 S2-139

Zinc prices drifted lower, on a weaker economic outlook after the International Monetary Fund cuts its global growth forecast.

Investor sentiment was hit after a report showing a steep decline in German factory orders in August

Zinc daily stocks at Shanghai exchange came down by 4493 tonnes.

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