MCX ZINC weekly analysis for 7 to 11 january 2019
zinc future on last trading session closed at 171.55 with gain.
zinc future as expected hit my january sell swing target of 168 rupee and we saw low of 167.2 in this week.
mcx zinc now bouncing back from oversold levels.
on downside next support as well as bearish swing target level will be around 162 rupees.
mcx zinc future on upside has resistance as well as bounce back rally targets around 175 to 178 rupee levels.
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