Gold Silver Reports — Technically Zinc MCX market is getting support Key at 160 and below same could see a test of 158 level, And resistance is now likely to be seen at 165, a move above could see prices testing 168.
Zinc stocks
Zinc MCX Day Range Between 154 —165
Gold Silver Reports — Technically Zinc market getting support at 157 and below same could see a test of 154 level, And resistance is now likely to be seen at 162, a move above could see prices testing 165.
MCX Zinc Market Under Short Covering Support Key 156
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 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.