Mcx zinc weekly- achieved swing targets of 170 and 176+

Mcx zinc weekly technical forecast for 14 to 18 November 2016 Mcx zinc weekly technical forecast for 14 to 18 November 2016 Mcx zinc future this week closed with strong gain. This week forth week for zinc prices to continue to close with gains. Closed at 167.65 with strong correction on last trading session.   Mcx zinc for next week outlook remain bearish below 170 rupee and expect correction to continue towards 163 and 158 levels. Above 170 expect upside up to 176 and 182+ once again. In commodity market volatility will remain high and trading will be not easy.   Mcx zinc form long term view achieved its first target of 176 rupee and above it next will be 196 rupee.

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Pramod Baviskar

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