Sunday 21 September 2014

CAPITAL STROKE UPDATE 22-September-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-134

Zinc dropped on demand concerns amid signs that housing markets are sputtering in China and the U.S.

Global mined and refined production still rising and there are ample stocks of concentrate and metal to fill any emerging gap with demand.

Zinc weekly stocks at Shanghai exchange came down by 8284 tonnes

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