mcx zinc future outlook for 9 to 13 may 2016

 

mcx zinc future outlook for 9 to 13 may 2016

Mcx zinc future this week closed with loss. This was first losing week for zinc prices after last 3 weeks gains.

 

Mcx zinc future next week outlook below 125 remain weak and strategy remain sell.

 

As this week it closed above it so keep wait and watch strategy and go short if breaks 125 levels for tgts 120 and 112.

 

Above 125, mcx zinc tgt are 133 and 138 rupee for May series.

 

 

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