MCX zinc weekly report for 13 to 17 june 2016

MCX zinc weekly report for 13 to 17 june 2016 Mcx zinc future this week closed with gain at 139.4. This was third gaining week from zinc prices and in these 3 weeks period prices rallied from low of 122 to high up to 140.   Almost 18 rupee or 15% plus gains in very short term suggesting underlying buying as well as trapped short covering.   Mcx zinc weekly chart price trend and momentum both are super bullish and expect outperformance here.   Zinc future already achieved my given targets of 132 and 135.5 now heading for super bullish targets of 140.2 and 143.5 which can be expected in upcoming weeks.   On downside 136.5 and 135 are strong support and commodity traders must trail stop loss below 135 for targets 140.2 and 143.5.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2017. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.