Sunday, November 18, 2018

COMMODITY OUTLOOK -Zinc

Zinc:- The Zinc can remain sideways with positive bearish. Zinc prices have recovered sharply on this week due to better global cues. China and US may take step to de escalate the ongoing tariff war, which can impact positively on the base metals. The deficit in zinc market has been narrowed by 27100 tonnes in this month. In MCX, this week Zinc prices rises by 7.15 points and ended at 192.15 as compare to the last week closing price of 185. Buy on dips strategy would be better to follow in upcoming days.


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