Navigation

MCX Zinc found support near the lower end of the range

MCX Zinc found support near the lower end of the range
MCX Zinc found support near the lower end of the range

MCX Zinc found support near the lower end of the range

Zinc is trading sidelong since mid-November which can be seen on the daily chart. Recently it found support near the lower end of the range and bounced back breaching the daily moving averages on the upside. If the base metal manages to stay above them on a closing basis the next hurdle is placed at 227.00 which is the upper end of the range. Until and unless there is a clear breakout on either side the metal will continue consolidating sideways.
MCX Zinc found support near the lower end of the range
 
MCX Trend

If you liked this article, then please share it on the social networking site. You can also find us on TwitterFacebook, YouTube, and Instagram, Telegram.


Share

Shubhlaxmi

Shubhlaxmi Commodity is a Free portal where you are provided all market such as Commodity stocks futures and Currency Like USD To INR and internatinol live market prices and live charts and Free support and resistance level

Post A Comment: