Zinc future daily chart analysis
Zinc future on Friday closed at 197.05 with gain. In this week we saw 3 up and 2 down day for zinc prices. Zinc prices are hovering around 195 rupee support zones with mixed signals on indicators. Zinc future below 195 will remain weak for targets 187 and below while above it expect upside up to 207 and above. No clear cut trend or signal found here.
Zinc future weekly chart analysis
Mcx Zinc future this week closed with gain. In this week we saw 8 rupee range and positive closing. On weekly chart zinc future has taken support at 189 rupee and moving upward. Above 189 zinc future will remain buy and accumulate for long terms and on upside 215 ad then 260 rupees will be target zones for 2019.
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