Zinc to trade in 181.1-189.5 range: Achiievers Equities

According to Achiievers Equities, Zinc settled with gain's in volatile session as traders are now making long positions as fundamentals look strong.
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Home » News » Brokerage Recos - Commodities

Jan 13, 2017, 03.07 PM | Source: Moneycontrol.com

Zinc to trade in 181.1-189.5 range: Achiievers Equities

According to Achiievers Equities, Zinc settled with gain's in volatile session as traders are now making long positions as fundamentals look strong.

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Zinc to trade in 181.1-189.5 range: Achiievers Equities

According to Achiievers Equities, Zinc settled with gain's in volatile session as traders are now making long positions as fundamentals look strong.

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Achiievers Equities' report on Zinc

Zinc trading range for the day is 181.1-189.5.  

Zinc settled with gain's in volatile session as traders are now making long positions as fundamentals look strong.  

Zinc’s fundamentals are strong and, while suspended capacity remains idle, the deficit is  likely to draw down stocks of concentrates and refined metal.  

Processing fees for China's zinc smelters reached record lows last month as the supply  from mines continued to dwindle.  

BUY ZINC JAN @ 185 SL 183.80 TGT 187.50-188.80.MCX. 

For all commodities report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here

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Zinc to trade in 181.1-189.5 range: Achiievers Equities

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