MCX zinc weekly analysis for 11 dec. to 15 dec. 2017
Mcx zinc future this week closed at 199.1 with loss.
mcx zinc future this week hit high at 209 while low was near 198, total 11 rupee range and negative closing on fresh selling.
for next week, below 199 rupee, remains weak and sell on rise for next bearish target of 193 rupees.
from long term view, zinc after hitting 219 long term investment target now correcting towards 160 rupee level.