15th March: MCX Zinc March Update

MCX ZINC MARCH 2018 – previous day close Rs.208.45

  • Key support is at 208.10. There will be a sell off to 203.40 and 200.50 if zinc trades below 208.10.
  • Overall trend is down as long as zinc trades below 213.90.
  • A daily close below 208.10 tomorrow and open below 208.10 on Monday can result in zinc falling to 199.50 and 189.40 in the short term.
  • Zinc needs to trade over 213.90 today and tomorrow to be in bullish zone.

(prices in Indian rupees above).

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