Moneycontrol
Feb 16, 2017 11:54 AM IST | Source: Moneycontrol.com

Zinc to trade in 188.7-196.5 range: Achiievers Equities

According to Achiievers Equities, Zinc dropped tracking LME prices settling down by 1.1 percent at $2,870 as pressure seen due rise in LME Stocks

Zinc to trade in 188.7-196.5 range: Achiievers Equities
Achiievers Equities' report on Zinc

Zinc trading range for the day is 188.7-196.5.  

Zinc dropped tracking LME prices settling down by 1.1 percent at $2,870 as pressure seen due rise in LME Stocks  

The global zinc market had a deficit of 286,000 tonnes last year versus a surplus of 189,000 tonnes in 2015, industry data showed.  

U.S. retail sales rose more than expected in January and consumer prices recorded their biggest gain in nearly four years  

BUY ZINC FEB 2017 @ 191.50 SL 190.00 TGT 192.80-194.00.MCX. 

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