Monday 2 June 2014

CAPITAL STROKE UPDATE 2-June-2014 : MCX ZINC


ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124.5 S1-121 S2-119 
Zinc settled flat as a weaker-than-expected reading of U.S. economic growth prompted some investors to reduce positions.
Hopes that authorities in China, would enact measures to boost country's slowing economy and signs of stronger business activity in the U.S.
Zinc weekly stocks at Shanghai exchange came down by 8302 tonnes.
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