MTECHTIPS:-Zinc to trade in 183.6-190.6 range: Achievers Equities

MTECHTIPS:-Zinc to trade in 183.6-190.6 range: Achievers Equities

MTECHTIPS- Zinc trading range for the day is 183.6-190.6. Zinc prices dropped with investors exercising caution ahead of a slew of Chinese economic data and U.S. President-elect Donald Trump’s inauguration. Metals came under further pressure from comments by Fed’s Chair Yellen suggesting that U.S interest rates could be raised quickly this year. Philadelphia-area manufacturing activity unexpectedly grew at a faster pace in the month of January, the Federal Reserve Bank of Philadelphia revealed BUY ZINC Jan 2017 @ 186 SL 184 TGT 188-190 .MCX.

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