MCX ZINC follow up call for dec. 2017
Mcx zinc future today hit low at 199.35 and almost achieved my given bearish swing target of 199 rupee.
below 199, next level to watch is 192 rupee which will be next target if trend continues.
below 192, expect super bearish trend and panic sell off up to 184 to 178 rupees.
from long term view, mcx zinc future topped out at 219 and now correcting towards 158 rupee support zone.