Monday 16 June 2014

CAPITAL STROKE UPDATE 17-June-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-129.5 R1-128 S1-124 S2-122
Zinc ended with gains as positive US economic data contributed to an improvement in the prices.
A report showed that U.S. industrial production rose by 0.6% last month, beating forecasts for a 0.5% gain.

Zinc daily stocks at Shanghai exchange came up by 300 tonnes.

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