MCX Zinc and Lead Report: 7th March 2019

Insignia Consultants

New Delhi

Thursday, March 7, 2019

TIME 9:25 AM IST                       

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MCX Zinc and Lead report

Zinc and lead if they today and till Monday will move into a short term bearish phase.

Zinc March 2019: (previous day close/CMP Rs.196.10)

  • Failure to break and trade over 202-203 zone by Monday will result in a fall to 187.10 and below.
  • Watch 196.00. Zinc can move 4-5 either side from 196.

Lead March 2019: (previous day close/CMP Rs.147.15):

  • Lead needs to trade over 145 till Monday to rise to 149.60 and 152.00.
  • Crash will be there only below 145.
Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading.Website www.insigniaconsultants.in. Prepared by Chintan Karnani
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NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
The analyses are based on closing price of previous day. Maintaining proper stop loss is always recommended.
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