Moneycontrol
Jan 12, 2017 01:37 PM IST | Source: Moneycontrol.com

Zinc to trade in 179.7-188.9 range: Achiievers Equities

According to Achiievers Equities, Zinc prices ended with losses on profit booking after prices gained supported by supply concerns.

Achiievers Equities' report on Zinc

Zinc trading range for the day is 179.7-188.9.  

Zinc prices ended with losses on profit booking after prices gained supported by supply concerns.  

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

U.S. President-elect Donald Trump gave little guidance on new infrastructure spending,  disappointing some who had hoped for a clearer view on policy.  

SELL ZINC JAN @ 185 SL 186.80 TGT 183.50-181.50.MCX.  

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