ZINC UPDATES

Positionally Support for the Zinc is 119-118-117-. Immediate resistance for Zinc is 122

ZINC RES 122.6 : 123.2 : 127.4 : 129.8 : 133.1 : 136.5 : 139 : 141.4

ZINC SUP 121.1 : 120.5 : 116.4 : 114.2 : 111.1 : 108 : 105.9 : 103.7

INTRADAY BUY ZINC 120.80 TGT 122, 123.50 SL 119.50

ZINC UPDATES

Positionally Immediate support for Zinc is 115.Resistance for the Zinc is 117-118-119

Intraday short ZINC around 116.50, 117 tgt 115, 113.60 sl 118

ZINC UPDATES

Positionally Immediate support for Zinc is 115.Resistance for the Zinc is 117-118-119

ZINC RES 115.7 : 116.2 : 120.5 : 122.8 : 126.1 : 129.4 : 131.8 : 134.2

ZINC SUP 114.5 : 114 : 109.8 : 107.6 : 104.6 : 101.7 : 99.6 : 97.5

INTRADAY BUY ZINC 115.80, TGT 117, 118.50 SL 114.50

ZINC UPDATES

Positionally Immediate support for Zinc is 115.Resistance for the Zinc is 117-118-119

ZINC RES 116.1 : 116.6 : 120.9 : 123.2 : 126.5 : 129.8 : 132.2 : 134.6

ZINC SUP 114.9 : 114.4 : 110.2 : 108 : 105 : 102 : 99.9 : 97.9

INTRADAY BUY ZINC 115.20 TGT 117, 119 SL 113.50

ZINC UPDATES

Positionally Support for the Zinc is 117-.Resistance for the Zinc is 119-120

ZINC are 118.7 : 119.4 : 123.5 : 125.8 : 129.1 : 132.4 : 134.9 : 137.3

ZINC are 117.3 : 116.6 : 112.6 : 110.4 : 107.4 : 104.4 : 102.3 : 100.2

INTRADAY SELL ZINC 118 TGT 116.80, 115 SL 119.50

ZINC UPDATES

Currently Zinc is showing some down move and trend is strong momentum 

ZINC are 119.1 : 120.1 : 123.5 : 125.9 : 129.2 : 132.5 : 134.9 : 137.3

ZINC are 117 : 116 : 112.7 : 110.5 : 107.4 : 104.4 : 102.3 : 100.2

INTRADAY SELL ZINC 118.50 TGT 117.20, 116 SL 120

ZINC UPDATES

ZINC RES 120.3 : 120.8 : 125.3 : 127.7 : 131 : 134.4 : 136.8 : 139.2

ZINC SUP 119.3 : 118.8 : 114.4 : 112.2 : 109.1 : 106.1 : 103.9 : 101.8

INTRADAY SELL ZINC BELOW 118.80 TGT 117.20, 116 SL 121

ZINC UPDATES

ZINC RES 120.3 : 120.8 : 125.2 : 127.5 : 130.8 : 134.2 : 136.6 : 139.1

ZINC SUP 119 : 118.5 : 114.2 : 112 : 109 : 105.9 : 103.8 : 101.7

INTRADAY BUY ZINC 119 TGT 120.30, 122 SL 117.50

ZINC UPDATES

Positionally Support for the Zinc is 119-118-117-. Immediate resistance for Zinc is 121

ZINC RES 121.2 : 122.2 : 125.4 : 127.8 : 131.1 : 134.5 : 136.9 : 139.3

ZINC SUP 118.6 : 117.6 : 114.5 : 112.3 : 109.2 : 106.2 : 104 : 101.9

INTRADAY BUY ZINC 119.60 TGT 121, 122.20 SL 118.50

ZINC UPDATES

Positionally Support for the Zinc is 118-117-. Immediate resistance for Zinc is 121, Short term invester better to hold long positions

ZINC RES 119.5 : 120.2 : 124.2 : 126.5 : 129.8 : 133.2 : 135.6 : 138

ZINC SUP 117.9 : 117.2 : 113.3 : 111.1 : 108.1 : 105 : 102.9 : 100.8

BUY ZINC 118.50 TGT 120, 121 SL 117

ZINC UPDATES

MCX Zinc Nov :  Sell around 119.50 levels with a stop loss placed above 121 levels for targets of 117 levels.  

MCX Aluminium Nov : Sell around 112 levels with a stop loss placed above 113 levels for targets of 110 levels.

MCX Nickel Nov : Sell around 899 levels with a stop loss placed above 910 levels for targets of 870 levels.  

ZINC UPDATES

MCX Zinc Nov :  Sell around 119.50 levels with a stop loss placed above 121 levels for targets of 117 levels.  

MCX Aluminium Nov : Sell around 112 levels with a stop loss placed above 113 levels for targets of 110 levels.

MCX Nickel Nov : Sell around 899 levels with a stop loss placed above 910 levels for targets of 870 levels.  

ZINC UPDATES

Positionally Support for the Zinc is 118-117-. Immediate resistance for Zinc is 121

ZINC RES 119.8 : 120.4 : 124.5 : 126.8 : 130.1 : 133.5 : 135.9 : 138.3


ZINC SUP 118.1 : 117.5 : 113.6 : 111.4 : 108.3 : 105.3 : 103.2 : 101.1

SELL ZINC 118.75 TGT 117.60, 116 SL 120

ZINC UPDATES

Zinc is coming down from overbought level, Positionally Support for the Zinc is 118-117-. Immediate resistance for Zinc is 121
Resistance of ZINC  119.2 : 119.6 : 124.2 : 126.5 : 129.8 : 133.2 : 135.6 : 138

Support of ZINC  118.2 : 117.8 : 113.3 : 111.1 : 108.1 : 105 : 102.9 : 100.8

SELL ZINC AT 119 TGT 117.60, 116  SL 120.40

ZINC UPDATES

The Zinc is in perfect uptrend .Currently Zinc is in strong uptrend and the trend is supported with good volume. Positionally Support for the Zinc is 119-118-117-. Immediate resistance for Zinc is 120

ZINC RES 120.7 : 121.4 : 125.5 : 127.9 : 131.2 : 134.6 : 137 : 139.4

ZINC SUP 119.3 : 118.6 : 114.6 : 112.4 : 109.3 : 106.3 : 104.1 : 102

SELL ZINC ONLY AT 121 TGT 119.80, 118.60 STRICT STOPLOSS 122.40

ZINC UPDATES

Positionally Support for the Zinc is 118-117-116-. Immediate resistance for Zinc is 120

ZINC RES 119.2 : 119.5 : 124.3 : 126.6 : 129.9 : 133.3 : 135.7 : 138.1

ZINC SUP 118.4 : 118.1 : 113.4 : 111.2 : 108.2 : 105.1 : 103 : 100.9

INTRADAY SELL ZINC 119.50 TGT 118.10, 117 SL 121

ZINC UPDATES

Zinc is in long- short-medium- short- term bull phase .Currently Zinc is in strong uptrend and the trend is supported with good volume

ZINC RES 119.3 : 119.9 : 124.1 : 126.4 : 129.7 : 133 : 135.4 : 137.9

ZINC SUP 117.8 : 117.2 : 113.2 : 111 : 107.9 : 104.9 : 102.8 : 100.7

INTRADAY BUY ZINC 119 TGT 120.20, 121.40 SL 117.60

ZINC UPDATES

MCX Zinc Oct futures contract is looking sideways on chart, day traders can buy on dips Major support is seen in range of 118.50, 117.50 and 116.50. While important resistance is seen near 119.90, 121.70 and 122.50

ZINC RES 120.2 : 121.1 : 124.7 : 127 : 130.3 : 133.7 : 136.1 : 138.5

ZINC SUP 118.1 : 117.2 : 113.8 : 111.5 : 108.5 : 105.5 : 103.3 : 101.2

Intraday sell Zinc 119.40 tgt 118.20, 117 sl 120.60

ZINC UPDATES

Currently Zinc is in strong uptrend and the trend is supported with good volume, .Positionally Support for the Zinc is 117-116-.Resistance for the Zinc is 120

ZINC RES 119 : 119.7 : 123.6 : 125.9 : 129.2 : 132.6 : 135 : 137.4

ZINC SUP 117.2 : 116.5 : 112.7 : 110.5 : 107.5 : 104.5 : 102.4 : 100.3

Intraday zinc buy only at 117.50 tgt 118.70, 119.80 sl 116.50

ZINC UPDATES

Positionally Support for the Zinc is 116-.Resistance for the Zinc is 118-120

ZINC RES 118 : 118.5 : 122.9 : 125.2 : 128.5 : 131.8 : 134.2 : 136.6

ZINC SUP 116.8 : 116.3 : 112 : 109.9 : 106.8 : 103.8 : 101.7 : 99.6

Intraday Sell Zinc 118.40 Tgt 117, 116 sl 119.60

ZINC NEWS AND TIPS

Zinc is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume

SELL ONLY BELLOW 117 TGT 115.60 114.20 SL 118.50

ZINC RES 118.1 : 119 : 122.4 : 124.7 : 128 : 131.3 : 133.7 : 136.2

ZINC SUP 115.8 : 114.9 : 111.6 : 109.4 : 106.4 : 103.4 : 101.3 : 99.2

ZINC FREE TIPS

Zinc closed above 1 week high with volume signals up breakout



ZINC RES 119.2 : 119.8 : 124 : 126.3 : 129.6 : 132.9 : 135.3 : 137.8

ZINC SUP 117.7 : 117.1 : 113.1 : 110.9 : 107.8 : 104.8 : 102.7 : 100.6

BUY ZINC 117.80 TGT 119, 120.20 SL 116

ZINC NEWS AND TIPS

SELL ZINC 118.50 TGT 117.40, 116 SL 119.80

Zinc has crossed the high but the trend was not strong and sellers was at high so for short term better to hold sell  position

ZINC res 118.6 : 119 : 123.5 : 125.8 : 129.1 : 132.4 : 134.9 : 137.3

ZINC sup 117.4 : 117 : 112.6 : 110.4 : 107.4 : 104.4 : 102.3 : 100.2

ZINC INTRADAY CALL

Intray buy zinc only above 117.50 tgt 118.60 119.80 sl 116

ZINC res 117.8 : 118.8 : 122 : 124.3 : 127.6 : 130.9 : 133.3 : 135.7
ZINC sup 115.3 : 114.3 : 111.2 : 109 : 106 : 103 : 100.9 : 98.8

Zinc is moving sideways so short term investor better to buy if close above 118.15

ZINC CALL

SELL ZINC 116.80 SL 118 TGT 115.30 114

Resistance and support of zinc

Intraday Resistance of ZINC are 116.6 : 117 : 121.6 : 123.9 : 127.2 : 130.5 : 132.9 : 135.3

Intraday Support of ZINC are 115.7 : 115.3 : 110.8 : 108.6 : 105.6 : 102.6 : 100.5 : 98.5

ZINC TREND & INTRADAY LEVELS

ZINC are 118 : 118.7 : 122.5 : 124.8 : 128.1 : 131.4 : 133.8 : 136.3

ZINC are 116.1 : 115.4 : 111.7 : 109.5 : 106.5 : 103.5 : 101.4 : 99.3

FREE TIPS FOR ZINC

SELL ZINC BELLOW 117.50 TGT 116.10, 115 SL 118.70
Intraday Resistance of ZINC are 119.8 : 121 : 122.9 : 124.2 : 126.5 : 129.8 : 133.1 : 135.6 : 138

Intraday Support of ZINC are 117.5 : 116.3 : 114.4 : 113.3 : 111.1 : 108 : 105 : 102.9 : 100.8

ZINC FREE TIPS

Buy is advised above 116.4 with a stop at 114.7 Below 114.3 go for sell

Intraday Resistance of ZINC are 116.2 : 116.9 : 120.8 : 123.1 : 126.3 : 129.6 : 132 : 134.4

Intraday Support of ZINC are 114.5 : 113.8 : 110 : 107.9 : 104.9 : 101.9 : 99.8 : 97.

ZINC METAL NEWS

Buy above 116.9 and Sell if below114.4

Intraday Resistance of ZINC are 116.2 : 116.7 : 121.1 : 123.4 : 126.7 : 130 : 132.3 : 134.7

Intraday Support of ZINC are 115.1 : 114.6 : 110.3 : 108.2 : 105.1 : 102.2 : 100.1 : 98

ZINC UPDATES

SELL ZINC ONLY AT 117.20 TGT 115.20,113 SL 118.50

Intraday Resistance of ZINC are 117.1 : 117.8 : 121.6 : 123.9 : 127.2 : 130.5 : 132.9 : 135.3

Intraday Support of ZINC are 115.2 : 114.5 : 110.8 : 108.6 : 105.6 : 102.6 : 100.5 : 98.5

ZINC INTRADAY TIPS

BUY ZINC ABOVE 115.40 TGT 117, 119 SL 113.70

Intraday Resistance of ZINC are 118 : 119 : 122.3 : 124.6 : 127.9 : 131.2 : 133.6 : 136

Intraday Support of ZINC are 115.7 : 114.7 : 111.5 : 109.3 : 106.3 : 103.3 : 101.2 : 99.1

SELL ZINC

LAST CALL TARGET ACIEVED
EVENING FRESH CALL SELL ZINC 116.60 TGT 115, 113.50 SL 118

TODAYS ZINC TIPS

BUY ZINC AROUND 115 117 120 SL 113.50

Intraday Resistance of ZINC are 119.5 : 120.6 : 123.6 : 125.9 : 129.2 : 132.6 : 135 : 137.4

Intraday Support of ZINC are 116.7 : 115.6 : 112.7 : 110.5 : 107.5 : 104.5 : 102.4 : 100.3

ZINC NEWS

BUY ZINC AROUND 115.30 116 TGT 117, 119 SL 113.90

Intraday Resistance of ZINC are 117.2 : 118 : 121.6 : 123.9 : 127.2 : 130.5 : 132.9 : 135.3

Intraday Support of ZINC are 115.1 : 114.3 : 110.8 : 108.6 : 105.6 : 102.6 : 100.5 : 98.5

ZINC TREND & INTRADAY LEVELS

INTRADAY BUY ZINC 117 TGT 118.30 121.90 SL 115.40

Intraday Resistance of ZINC are 117.4 : 118.3 : 121.9 : 124.2 : 127.4 : 130.8 : 133.1 : 135.6

Intraday Support of ZINC are 115.4 : 114.5 : 111.1 : 108.9 : 105.9 : 102.9 : 100.8 : 98.7

ZINC TREND AND TIPS

SELL ZINC 116.20 TGT 114.80,113 SL 117.60 

Intraday Resistance of ZINC are 119.1 : 119.7 : 123.9 : 126.2 : 129.5 : 132.8 : 135.2 : 137.7

Intraday Support of ZINC are 117.6 : 117 : 113 : 110.8 : 107.7 : 104.7 : 102.6 : 100.5

ZINC TARGET ACHIVED

ZINC TARGET ACHIVED 118.2 HOLD FOR TOMMORW TO BOOK MORE PROFIT

BUY ZINC

BUY ZINC 117.10 TGT 118.20, 119.50 SL 116 ( (USD Unemployment Claims Actual 292K Forecast 332K Previous 323K,USD Import Prices m/m Actual 0.0% K Forecast 0.60% Previous 0.20%,
Data negative for bullion and positive for base metals and energy.)

Zinc prices reversed its previous day’s losses

Zinc prices reversed its previous day’s losses, rising by 0.04 per cent on Thursday at the domestic markets as an improving economic outlook in China, the world’s biggest metals consumer brightened the demand outlook for the metal. Deutsche Bank raised China’s Q3 2013 economic growth estimate to 7.9 per cent from 7.7 per cent estimated earlier. Zinc futures for September 2013 contract, at MCX, were trading at Rs. 117.75 per kg, up by 0.04 per cent after opening at Rs. 117.50 against the previous closing price of Rs. 117.70. It touched the intra-day high of Rs. 118.85 till the trading.

However, gains were curbed due to the surge in the zinc stockpiles at the London Metal Exchange (LME) on account of the weak demand for the commodity. LME zinc stocks rose by 225 metric tonnes to 985575 metric tonnes as on September 12, 2013.

Major refined zinc exporting countries are Canada, Australia and Rep. of Korea, while major refined zinc importing countries are China, USA and Germany.

ZINC NEWS TODAY

Intraday Trend- Buy is advised above 120 with a stop at 117.5 Below 116.8 go for sell Intraday Resistance of ZINC are 119.8 : 121 : 123.9 : 126.2 : 129.5 : 132.9 : 135.3 : 137.7 Intraday Support of ZINC are 117 : 115.8 : 113 : 110.8 : 107.8 : 104.8 : 102.6 : 100.5

Zinc Metal News

Intraday Trend- Buy is advised only above 112.9 with a stop at 111.2 Below 110.8 go for sell and put stop at 112.5 Intraday Resistance of ZINC are 112.6 : 113.3 : 117.2 : 119.5 : 122.7 : 125.9 : 128.3 : 130.6 Intraday Support of ZINC are 111.1 : 110.4 : 106.6 : 104.5 : 101.5 : 98.6 : 96.5 : 94.5

Zinc News

MCX Zinc Aug : Buy around 112 levels with a stop loss placed below 111 levels for targets of 114 levels

Buy MCX Zinc August trgt 116

MCX Zinc Aug contract, it is trading in a positive trend from last 4 days and today it has breached the “Down Trend Line” along with “substantial volumes” which indicates optimism. Prices are trading above its 5 Day, 20 Day EMA and 50 Day EMA (Exponential Moving Average) in addition, 5 day EMA crossover 20 Day EMA, which also signals positivity.

On the oscillator front, 14 day RSI is rising which indicates bullishness.

MCX Zinc August contract can find support around 111.50 levels and below that strong support is seen at 108.70 levels.

Resistance is seen at 115 levels and above that at 119 levels.

Looking at "Down Trend Line" breakout with substantial volumes coupled with oscillators supporting bullishness, we recommend Buy in MCX Zinc August contract.

Positional Call (3-4 Days) - Buy MCX Zinc Aug between 111.50 - 112, SL - 108.70, Target - 116.20 (CMP - 112)

(http://www.moneycontrol.com/news/brokerage-recos-commodities/buy-mcx-zinc-august-target-rs-11620-angel-commodities_929128.html)

Zinc News

Intraday Trend- Buy is advised only above 113.6 with a stop at 111 Below 110.3 go for sell and put stop at 112.9

Intraday Resistance of ZINC are 112.9 : 113.7 : 117.3 : 119.6 : 122.8 : 126 : 128.4 : 130.8

Intraday Support of ZINC are 111 : 110.2 : 106.7 : 104.6 : 101.6 : 98.7 : 96.6 : 94.6

Zinc news

Intraday Trend- Buy is advised only above 111 with a stop at 108.9 Below 108.4 go for sell and put stop at 110.5

Intraday Resistance of ZINC are 110.8 : 111.7 : 115 : 117.2 : 120.4 : 123.6 : 126 : 128.3
Intraday Support of ZINC are 108.6 : 107.7 : 104.5 : 102.4 : 99.5 : 96.6 : 94.6 : 92.5

Zinc news

Intraday Trend- Buy is advised only above 109 with a stop at 107.7 Below 107.5 go for sell and put stop at 108.8

Intraday Resistance of ZINC are 108.8 : 109.3 : 113.5 : 115.7 : 118.9 : 122.1 : 124.4 : 126.7
Intraday Support of ZINC are 107.7 : 107.2 : 103.1 : 101 : 98.1 : 95.2 : 93.2 : 91.2

ZINC NEWS & TREND

Intraday Trend- Buy is advised only above 108.8 with a stop at 107.4 Below 107.1 go for sell and put stop at 108.5

Intraday Resistance of ZINC are 108.1 : 108.3 : 113.2 : 115.4 : 118.6 : 121.8 : 124.1 : 126.4

Intraday Support of ZINC are 107.8 : 107.6 : 102.8 : 100.7 : 97.8 : 94.9 : 92.9 : 90.9

ZINC NEWS

Currently Zinc is in HOLD SHORT position Zinc is moving sideways so short term investor better to buy only above 110.9 or hold with stop at 108.45 The oscillator is showing BUY signal 

Intraday Trend- Buy is advised above 110.4 with a stop at 108.5 Below 108 go for sell

Intraday Resistance of ZINC are 110.1 : 110.8 : 114.5 : 116.7 : 119.9 : 123.1 : 125.4 : 127.8
Intraday Support of ZINC are 108.3 : 107.6 : 104 : 101.9 : 99 : 96.1 : 94.1 : 92.1

MCX Zinc July : Sell around 109.50 levels

MCX Zinc July : Sell around 109.50 levels with a stop loss placed above 110.50 levels for targets of 108 levels
MCX Nickel July : Sell around 840 levels with a stop loss placed above 852 levels for targets of 820 levels
MCX Aluminium July : Sell around 106.50 levels with a stop loss placed above 107.50 levels for targets of 104 levels

todays zinc news

Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 110 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 111.1 with a stop at 109.6 Below 109.2 go for sell with a stop at 110.7


Intraday Resistance of ZINC are 110.8 : 111.4 : 115.5 : 117.7 : 120.9 : 124.1 : 126.5 : 128.8
Intraday Support of ZINC are 109.5 : 108.9 : 105 : 102.8 : 99.9 : 97 : 95 : 93

ZINC NEWS

Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 109 The oscillator is showing BUY signal

 
Intraday Trend- Buy is advised above 111.2 with a stop at 110.1 Below 109.8 go for sell with a stop at 110.9
Intraday Resistance of ZINC are 110.9 : 111.3 : 115.8 : 118.1 : 121.3 : 124.5 : 126.8 : 129.2
Intraday Support of ZINC are 110.1 : 109.7 : 105.3 : 103.2 : 100.2 : 97.3 : 95.3 : 93.3

Zinc News

Trend updated for-Jul/23/2013.CMP-110 The Zinc is in long- medium- term bull phase .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Zinc is in SELLposition.Positionally Support for the Zinc is 109-106-105-.Resistance for the Zinc is 111

Intraday Level of ZINC

Intraday Trend- Buy is advised only above 111 with a stop at 109.3 Below 108.9 go for sell and put stop at 110.5

Intraday Resistance of ZINC are 110.7 : 111.4 : 115.2 : 117.4 : 120.6 : 123.9 : 126.2 : 128.5
Intraday Support of ZINC are 109.1 : 108.4 : 104.7 : 102.6 : 99.7 : 96.8 : 94.7 : 92.7

Todays zinc news

Trend updated for-Jul/17/2013.CMP-110 The Zinc is in long- medium- term bull phase .Currently Zinc is moving sideways The oscillator is on SELL signal and Zinc is coming down from overbought level and has moved down its previous low. The oscillator is on SELL signal and Zinc is coming down from overbought level For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 108-106-105-.Resistance for the Zinc is 111-112
 Intraday Level of ZINC

Intraday Trend- Buy is advised above 111.2 with a stop at 109.2 Below 108.7 go for sell

Intraday Resistance of ZINC are 110.9 : 111.8 : 115.3 : 117.5 : 120.7 : 123.9 : 126.2 : 128.6
Intraday Support of ZINC are 109 : 108.1 : 104.8 : 102.7 : 99.7 : 96.8 : 94.8 : 92.8

Zinc news

Trend updated for-Apr/12/2013.CMP-102 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above106 or buy with strict stop at 100. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 103-104-108-109-110-

Currently Zinc is in HOLD LONG position The Zinc is in downtrend For short term buy only if close above 104.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 103.8 with a stop at 101.6 Below 101 go for sell
Intraday Resistance of ZINC are 103/103.6/104.5/107.3/110.2/115.3/118.1/123.6/129.2
Intraday Support of ZINC are 101.8/101.2/100.3/97.6/94.8/90.2/87.8/83.1/78.6

Metal news

Industrial metals prices dipped yesterday, giving up some gains from the previous session when it hit two-week highs, as some traders locked in profits and other investors remain concerned about sluggish demand amid weak Chinese imports.

South Korea is seeking 2,000 tonnes of copper for September arrival via a tender, the state-run Public Procurement Service said on its website

Chinese copper smelters are set to cash in on the closure of India's top smelter by raising production in the current quarter to benefit from higher treatment and refining charges for raw material concentrates.

The spread between cash copper on the LME and the spot Shanghai market in March widened to the best arbitrage opportunity for imports since late 2011, prompting investors and end-users to move refined copper in bonded warehouses in Shanghai into the domestic market.

Top global copper producer Codelco's massive mines returned to normal operations on Wednesday morning after the end of a 24-hour companywide strike to demand improved job security and better safety, Mining Minister Hernan de Solminihac said.

Nickel stocks held in the London Metal Exchange (LME) warehouse system hit a fresh all-time high of 167,700 tonnes on Tuesday.

Fundamental Outlook: Industrial metals prices are trading a tad higher on international bourses today. We expect a further rise in the prices of metals on account of positive New loans data from China. This may lead to an expectation of higher growth in Chinese economy thus supporting the prices of Industrial metals(http://www.moneycontrol.com/news/brokerage-recos-commodities/industrial-metals-may-rally-further-nirmal-bang_850976.html)

Zinc news

Trend updated for-Apr/11/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above106 or buy with strict stop at 100. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 104-108-110-

Currently Zinc is in HOLD LONG position Zinc is moving sideways with low volatality so short term investor better to buy if close above 105.95 close below 102.05 Sell will happen. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 104.9 and Sell if below101.4
Intraday Resistance of ZINC are 104/104.7/108.4/111.3/116.4/119.3/124.8/130.4
Intraday Support of ZINC are 102.3/101.6/98.6/95.8/91.2/88.7/84.1/79.6

MCX ZINC

MCX ZINCDomestic: Buy at 103.40, Stoploss 103, Target 104.

Zinc news

Trend updated for-Apr/10/2013.CMP-104 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above106 or buy with strict stop at 100. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 103-.Resistance for the Zinc is 109-110-

Currently Zinc is in HOLD LONG position Zinc is in profit booking mode so hold with stop at 103 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 105.8 with a stop at 102.5 Below 101.6 go for sell and put stop at 104.9
Intraday Resistance of ZINC are 104.3/104.8/108.5/111.4/116.5/119.3/124.9/130.5
Intraday Support of ZINC are 103.1/102.6/98.7/95.9/91.3/88.8/84.2/79.6

Zinc news

Trend updated for-Apr/09/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 104-109-110-

Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 102 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 104.8 with a stop at 101.6 Below 100.6 go for sell with a stop at 103.8

Intraday Resistance of ZINC are 103.3/103.8/107.7/110.7/115.7/118.6/124.1/129.7
Intraday Support of ZINC are 102.1/101.6/98/95.2/90.7/88.2/83.5/79

Zinc news

Metals: Base metal futures on the MCX were trading lower tailing similar cues from benchmark London Metal Exchange contracts, as market came under pressure following disappointing US non-farm payrolls data. Bearish comments by European Central Bank's President Mario Draghi hinting at downside risk to Eurozone economic recovery also weighed on sentiment.

Trend updated for-Apr/08/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 105-109-110- Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 105.95 with stop at 100.2 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 104.8 with a stop at 101.6 Below 100.6 go for sell Intraday Resistance of ZINC are 103.6/104.6/106.2/108.7/111.6/116.7/119.6/125.1/130.7 Intraday Support of ZINC are 101.8/100.8/99.2/96.1/91.5/89/84.3/79.8

zinc news

Trend updated for-Apr/06/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 105-109-110-111-

Currently Zinc is in HOLD SHORT position Zinc is moving sideways so short term investor better to buy only above 103.75 or hold with stop at 100.2 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 104.7 with a stop at 101.5 Below 100.5 go for sell
Intraday Resistance of ZINC are 103.3/104/107.6/110.5/115.6/118.4/123.9/129.6
Intraday Support of ZINC are 101.9/101.2/97.9/95.1/90.5/88/83.4/78.9

MCX Zinc has target around Rs 108-109.60

As can be seen from the chart, MCX Zinc formed a large wedge pattern, which got over at the high of 119.10. From there, the commodity has fallen sharply. It has retraced 78.6 percent of the previous rise. Recently, it has formed an ending diagonal (wedge) and in the last session, it has broken out on the upside. The daily momentum indicator is showing a positive divergence and has given a buy signal. All these signs suggest that the base metal is poised for a short-term bounce. The key levels on the upside are Rs 108 and Rs 109.60. The reversal for the bullish view can be placed below the recent low, ie 100.20.

Zinc news

Trend updated for-Apr/05/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on BUY Signal and Zinc is recovering from oversold level For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 105-110-111-

Currently Zinc is in HOLD SHORT position Zinc is in sideways and sellers was at high so for short term better buy above 105.4 or hold with stop at 100.2 The next resistance will be at 103.75 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 105.4 with a stop at 102.2 Below 101.3 go for sell and put stop at 104.5
Intraday Resistance of ZINC are 104.3/105.2/106.8/107.4/110.3/115.4/118.2/123.7/129.4
Intraday Support of ZINC are 102.4/101.5/99.9/97.7/94.9/90.4/87.9/83.3/78.8

Zinc news

Trend updated for-Apr/04/2013.CMP-101 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Zinc. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 100.Resistance for the Zinc is 103-105-110-111-

Currently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 103.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 102.1 with a stop at 100.4 Below 100 go for sell and put stop at 101.7
Intraday Resistance of ZINC are 101.8/102.4/105.8/108.7/113.7/116.5/122/127.6
Intraday Support of ZINC are 100.3/99.7/96.2/93.4/88.9/86.4/81.8/77.4

Zinc news

MCX Zinc April : Sell below 100 levels with a stop loss placed above 101 levels for targets of 98 levels.

MCX Aluminium April : Sell around 102 levels with a stop loss placed above 103 levels for targets of 100.50 levels.(geojit)

Zinc news

Trend updated for-Apr/03/2013.CMP-101 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Zinc is 101.Resistance for the Zinc is 103-104-106-110-111-

Zinc and closed below 1 week low with volume signals down breakoutCurrently Zinc is in HOLD SHORT position Zinc has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below99.8 Buy if above 104.45 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 101.8 with a stop at 100.2 Below 99.8 go for sell

Intraday Resistance of ZINC are 101.4/102.1/103.2/106.4/109.3/114.3/117.2/122.6/128.2
Intraday Support of ZINC are 100.2/99.5/98.4/96.7/94/89.4/86.9/82.3/77.9

Zinc news and trend

Trend updated for-Apr/02/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 101.Resistance for the Zinc is 104-106-110-111-

Currently Zinc is in HOLD LONG position Zinc is moving sideways with low volatality so short term investor better to buy if close above 104.6 close below 101.3 sell will happen. The oscillator is showing BUY signal

Intraday Trend-Intraday better to buy above 104.8 and Sell if below101.4

Intraday Resistance of ZINC are 103.7/104.3/107.7/110.7/115.7/118.6/124.1/129.7
Intraday Support of ZINC are 102.5/101.9/98/95.3/90.7/88.2/83.5/79

Zinc news

Trend updated for-Apr/01/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 101.Resistance for the Zinc is 104-106-111-

Currently Zinc is in SELL position Zinc is in down trend so buy above 104.0 The sell will again come if below 101.3 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 103.9 with a stop at 102.3 Below 101.9 go for sell

Intraday Resistance of ZINC are 103.7/104.4/107.7/110.7/115.7/118.6/124.1/129.7
Intraday Support of ZINC are 102.1/101.4/98/95.2/90.7/88.2/83.5/79

Zinc trend 28/03/2013

Trend updated for-Mar/28/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Zinc is now trading in highly oversold level. The Zinc is now trading in highly oversold level. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 101.Resistance for the Zinc is 104-105-107-111-

Currently Zinc is in HOLD SHORT position Zinc is in sideways so for short term better buy above 103.6 with stop at 101.3 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 103.6 with a stop at 102 Below 101.6 go for sell and put stop at 103.2

Intraday Resistance of ZINC are 103.4/104.1/107.1/110/115.1/117.9/123.4/129.1
Intraday Support of ZINC are 101.8/101.1/97.4/94.7/90.1/87.6/83/78.5

Zinc trend 26/03/2013

Trend updated for-Mar/26/2013.CMP-104 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is moving sideways The Zinc is now trading in highly oversold level. The Zinc is now trading in highly oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Zinc above 108 or buy with strict stop at 102. The Zinc is now trading in highly oversold level. The Zinc is now trading in highly oversold level. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 102.Resistance for the Zinc is 105-108-111-

Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 105.75 or hold with stop at 103.55 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 105.6 with a stop at 103.6 Below 103.1 go for sell
Intraday Resistance of ZINC are 105.1/105.7/109.4/112.3/117.4/120.3/125.9/131.5
Intraday Support of ZINC are 103.6/103/99.6/96.8/92.2/89.7/85/80.4

Zinc news 25/03/2013

MCX Zinc has provided a classic breakout from the downward sloping parallel channel which is quite positive for the bulls in the short term. It has posted a positive weekly close after four consecutive negative close which increases the probability of a bounce back till 388.2 percent to 50 percent retracement level which are 108.90 to 110.80 levels respectively. The support on the lower side is now pegged at 103.50 and below that 102.40 levels

Zinc news 25/03/2013

Trend updated for-Mar/25/2013.CMP-105 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 102.Resistance for the Zinc is 106-109-111-112-

Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 104 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 106.6 with a stop at 104.5 Below 103.9 go for sell with a stop at 106

Intraday Resistance of ZINC are 106.2/107.1/109.7/112.6/117.7/120.6/126.2/131.9
Intraday Support of ZINC are 104.3/103.4/99.9/97.1/92.5/89.9/85.3/80.7

Zinc can bounce to Rs 108-109

As can be seen from the chart, MCX Zinc formed a large wedge pattern, which got over at the high of 119.10. From there, the commodity has fallen sharply. It is falling in a channelised manner and has fallen below the 61.8% retracement of the previous rise. As a result of the sharp move, the daily momentum indicator was beaten down into the oversold territory and is now recovering from there. A higher time frame, ie the weekly chart, shows that the base metal has fallen from the weekly upper Bollinger Band towards the lower Band and has taken support there. All these signs suggest that zinc can surpass the upper end of the falling channel and can bounce till 108-109. The reversal can be revised to the recent low, ie 102.45(http://www.moneycontrol.com/news/brokerage-recos-commodities/zinc-can-bounce-to-rs-108-109-sharekhan_841979.html)

Zinc news 22/03/2013

Trend updated for-Mar/22/2013.CMP-104 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 102.Resistance for the Zinc is 105-106-109-111-112-

Currently Zinc is in HOLD LONG position The Zinc is not giving any clear signal So buy only if close above104.85 and sell below 102.45 The Zinc is now trading is approaching oversold level. The oscillator is showing BUY signal

Intraday Trend-The Zinc closed in a confusion manner So buy for intraday only above 105.7 with a stop at 103.5 If opens below 103.5 or trade below 103 be cautious or go for sell with stop at 105.1
Intraday Resistance of ZINC are 104.9/105.4/109.2/112.2/117.3/120.1/125.7/131.4
Intraday Support of ZINC are 103.7/103.2/99.4/96.7/92/89.5/84.8/80.3

Copper news

Trend updated for-Mar/21/2013.CMP-104 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 102.Resistance for the Zinc is 105-106-109-111-112-

Currently Zinc is in HOLD SHORT position Zinc is showing some Up momentum So buy above 104.0 with stop at 102.45 The Zinc is now trading in highly oversold level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 105.3 with a stop at 103.1 Below 102.6 go for sell and put stop at 104.7
Intraday Resistance of ZINC are 104.3/104.7/108.9/111.8/116.9/119.8/125.3/131
Intraday Support of ZINC are 103.5/103.1/99.1/96.3/91.7/89.2/84.5/80

ZINC NEWS

Metals: Base metal futures on MCX were trading higher due to the weakness in rupee against the dollar, but a rangebound movement in benchmark contracts on the London Metal Exchange limited the rise. On LME, base metal contracts traded higher earlier in the day on bargain buying and as the initial shock over the Cyprus debt deal eased to some extent

ZINC NEWS

MCX Copper April : Buy around 416 levels with a stop loss placed below 413 levels for targets of 420 levels.
MCX Nickel March : Buy around 910 levels with a stop loss placed below 895 levels for targets of 930 levels.

MCX Lead March : Buy around 117.50 levels with a stop loss placed below 116.50 levels for targets of 119 levels.

MCX Zinc March : Buy around 103.50 levels with a stop loss placed below 102.50 levels for targets of 105.50 levels.

MCX Aluminium March : Buy around 107.50 levels with a stop loss placed below 106.50 levels for targets of 109 levels

ZINC NEWS

The global zinc market was in surplus by 40,000 tonnes in January, a monthly bulletin from Lisbon-based International Lead and Zinc Study Group (ILZSG) showed on Monday.
Fundamental Outlook:

Industrial metals are trading marginally lower today. We expect prices to remain under pressure on account of given renewed concerns of a euro zone crisis and only moderate demand growth from top consumer China.

ZINC NEWS

Trend updated for-Mar/20/2013.CMP-104 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 102.Resistance for the Zinc is 106-107-110-111-112-

Currently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 104.0 The Zinc is now trading in highly oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 104.8 with a stop at 102.7 Below 102.2 go for sell and put stop at 104.3
Intraday Resistance of ZINC are 104.2/104.8/108.3/111.2/116.3/119.2/124.7/130.3
Intraday Support of ZINC are 102.8/102.2/98.5/95.8/91.2/88.7/84/79.5

ZINC NEWS

Trend updated for-Mar/19/2013.CMP-103 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Zinc is 102.Resistance for the Zinc is 106-107-110-111-112-

Zinc and closed below 1 week low with volume signals down breakoutCurrently Zinc is in SELL position The Zinc is in downtrend For short term buy only if close above 105.0 The Zinc is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 104.1 with a stop at 101.8 Below 101.2 go for sell
Intraday Resistance of ZINC are 103.2/103.8/104.7/108.1/111.1/116.1/119/124.5/130.2
Intraday Support of ZINC are 102.1/101.5/100.6/98.4/95.6/91/88.5/83.9/79.4

Zinc news

Trend updated for-Mar/18/2013.CMP-105 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 105.Resistance for the Zinc is 107-108-111-112-

Currently Zinc is in HOLD SHORT position The Zinc is not giving any clear signal So buy only if close above108.0 and sell below 104.6 The oscillator is showing SELL signal

Intraday Trend-The Zinc closed in a confusion manner So buy for intraday only above 105 with a stop at 104.4 If opens below 104.4 or trade below 104.4 be cautious or go for sell with stop at 105
Intraday Resistance of ZINC are 104.8/105/109.7/112.6/117.7/120.6/126.2/131.9
Intraday Support of ZINC are 104.6/104.4/99.9/97.1/92.5/89.9/85.3/80.7

US Zinc consumption may grow by 3% on recovery in US housing market: Barclays

In China, refined output is also recovering, hitting a high for the year in December. Again, it looks like higher TCs are encouraging smelters to increase output. With mine production globally still growing strongly there’s certainly the raw material for further increases in metal supply.