Gold Silver Reports — Technically Zinc market is under short covering as market has witnessed drop in open interest by 15.1% to settled at 4626 while prices up 1.6 rupees.
Zinc Mcx
Zinc MCX Strong Support Key at 158
Gold Silver Reports — Technically Zinc market is under fresh selling as market has witnessed gain in open interest by 15.55% to settled at 5084 while prices down 2.65 rupees.
Zinc MCX Start Fresh Buying Support Key 162
Gold Silver Reports — Technically Zinc market is under fresh buying as market has witnessed gain in open interest by 32.44% to settled at 4532 while prices up 5.35 rupees.
ZINC MCX TIPS :-
Zinc MCX Expected Trading Key Between 162—169
Gold Silver Reports — Zinc on MCX settled up 0.91% at 166.7 tracking rise in LME prices by 0.5 percent at $2,582 despite further losses in steel and iron ore prices. Also zinc consumption softened recently after China strengthened environmental protection actions in Northern regions.
Zinc MCX Trading Levels 132-144
Gold Silver Reports — Zinc on MCX settled up 0.47% at 138.10 gained tracking LME Zinc prices which has surged as much as 25 percent in 2016 to the highest since July as miners supply less of the ore concentrate that’s refined to produce the metal, just as demand rebounds in China, the biggest user.