Mcx zinc support and fresh long entry zone 169-170

 

Mcx zinc support and fresh long entry zone 169-170

Mcx zinc outlook for 17th November 2016

 

Mcx zinc future last closed at 171.3.

 

Mcx zinc is correcting towards support of 169 and if sustain around it then it will be best buying opportunity for bounce back up to 174 to 176.

 

Reversal from 169 will be swing buy opportunity with stop loss for target 176+.

 

From long term view, above 175, expect 196 as next target zone.

 

 

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