mcx zinc weekly technical call for 4 to 8 jan 2016

mcx zinc weekly technical call for 4 to 8 jan 2016
mcx zinc future this week closed with gain at 106.6.
mcx zinc weekly chart price trend and momentum both are bullish.
For medium term, mcx zinc support zones are 105 and 99.8.
On upside expect strong resistance at 111 and 116 levels.
For next week , mcx zinc might continue its recovery phase
and test 111 and above 111 expect bullish cycle for this commodity.
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