Zinc to trade in range of 178.8-192: Achiievers Equities

According to Achiievers Equities, Zinc dropped as investors cut bets on higher prices due to growing doubts that this month's sizzling rally was built on solid fundamentals.
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Dec 01, 2016, 05.51 PM | Source: Moneycontrol.com

Zinc to trade in range of 178.8-192: Achiievers Equities

According to Achiievers Equities, Zinc dropped as investors cut bets on higher prices due to growing doubts that this month's sizzling rally was built on solid fundamentals.

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Zinc to trade in range of 178.8-192: Achiievers Equities

According to Achiievers Equities, Zinc dropped as investors cut bets on higher prices due to growing doubts that this month's sizzling rally was built on solid fundamentals.

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Achiievers Equities report on Zinc

Zinc

Zinc trading range for the day is 178.8-192.

Zinc dropped as investors cut bets on higher prices due to growing doubts that this month's sizzling rally was built on solid fundamentals.

China’s refined zinc imports were 477,400 tonnes during January and October, a drop of 3.94% year-on-year.

Global zinc market has recorded small surplus during January to September of this year.

BUY ZINC DEC ABV 185.00 SL BELOW 183.60 TGT 186.20-187.80. 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 range of 178.8-192: Achiievers Equities

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