zinc intraday

Zinc yesterday we have seen that market has moved -5.9%. Market has opened at 81.5 & made a low of 77.25 versus the day high of 82.35. The total volume for the day was at 10995 lots and the open interest was at 7299.Now support for the zinc is seen at 75.60 and below could see a test of 73.85. Resistance is now likely to be seen at 80.70, a move above could see prices testing 84.10.
Trading Idea
• TRADING RANGE IS 73.00-83.00.
• YESTERDAY ZINC FALL AS PER OUR EXPECTATION
• BUY ZINC ABV 78 SL 76.80 TGT 79.20-80-80.60. MCX
• A CLOSE ABV 80.60 WILL BRING AGAIN THE LEVEL TILL 85.50

MCXARUN
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