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).