Mcx zinc weekly-watch for targets 169 and then 176

Mcx zinc weekly-watch for targets 169 and then 176 Mcx zinc weekly technical analysis 7 to 11 November 2016 Mcx zinc future this week closed at 163 with gain. In last 3 weeks mcx zinc prices rallied from lows of 150 to highs near 166.tota 16 rupee move in very short time suggesting underlying bullishness for this commodity. Mcx zinc future above 158 remain bullish and buy on dips.   Mcx zinc weekly price trend and momentum both are strong bullish and expect strong buying and accumulation by strong hands.   Base metal traders for week can follow buy on dips view above 158 for targets 169 and then 176. Above 735 expect super bullish rally for zinc future for targets 187 to 194.

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