Zinc to trade in 149.7-153.3 range: Achiievers Equities

Achiievers Equities report on ZincZincZinc trading range for the day is 149.7-153.3.  Zinc gains on short covering tracking LME prices after decking last week after news that  Peruvian mine Antamina would boost production. China's economy likely grew 6.7 percent in the third quarter from a year earlier, the same  pace as in the previous quarter.  China’s zinc concentrate supply remains in shortages in September.  SELL ZINC OCT @ 152.50 SL 153.80 TGT 150.80-149.50.MCX.  For all commodities report, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More