MTECHTIPS:-Zinc to trade in 182.4-190.4 range: Achievers Equities

MTECHTIPS:-Zinc to trade in 182.4-190.4 range: Achievers Equities

MTECHTIPS- Zinc trading range for the day is 182.4-190.4. Zinc prices recovered from lows as the market was waiting to hear more on Donald Trump’s plans for the U.S. economy. As per WBMS data, the global zinc market recorded deficit of 190 kt during the initial eleven months of the previous year. Combined zinc inventories in Shanghai, Tianjin and Guangzhou added 13,400 to 229,800 tonnes this past week. BUY ZINC JAN @ 187 SL 185 TGT 188-190. MCX.

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