Wednesday, July 27, 2011

MCX Zinc Updates For Today Evening

The positive trend of Zinc is likely to remain positive if it continues to trade above 109 mark but a good rally could be seen only above 111 level. If zinc trades above 111 level it may test 113 and then 115 levels later. Below 108 prices may see downward trend and Zinc futures can slip down to 105.

Day Traders can buy zinc at 109-109.50 to target 111-112 stoploss below 107.50.


Posted By Commodity MCX Tips