Monday 4 August 2014

CAPITAL STROKE UPDATE 5-August-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-151 R1-149 S1-145 S2-143
Zinc rose as prospects the United States may hold off raising interest rates encouraged investors to buy metals facing a supply crunch.

Sentiment was tempered however after growth in China's services sector slowed sharply in July to its lowest level in nearly nine years.

Zinc daily stocks at Shanghai exchange came up by 82 tonnes.

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