Wednesday 20 August 2014

CAPITAL STROKE UPDATE 20-August-2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-144 R1-142 S1-138 S2-136
Zinc ended with gains as prices seen support boosted by better-than-expected US housing data in July.

The U.S. CPI edged up 0.1% MoM, the slowest growth in five months, and rose 2.0% from a year ago.

Zinc daily stocks at Shanghai exchange came down by 199 tonnes.


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