Zinc.
Zinc
prices are following trend line from a long time and we can see that the price
can pull back up to major support 169. Sustaining on overbought zone, pullbacks
can be we are expected in Zinc. From last week we can see that there were some
corrections taking place. This can lead to 180 handle. Analysts said the weakness in zinc at futures trade was
mostly attributed to trimming of positions by speculators amid a weak trend at
the domestic spot markets but firm overseas trend capped the losses
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Resistance & Support
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Resistance
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Support
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178
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169
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8817002233
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