MTECHTIPS;-Zinc to trade in 186-190.6 range: Achievers Equities

MTECHTIPS;-Zinc to trade in 186-190.6 range: Achievers Equities

MTECHTIPS- Zinc trading range for the day is 186-190.6. Zinc gained as prices remained supported underpinned by supply concerns and a softer dollar. The IL ZSG revealed a significant increase in Chinese output while the world’s zinc mine production fell overall by 1.2%. Global refined zinc metal production over the first eleven months of 2016 was at the same level as the corresponding period of 2015. SELL ZINC JAN 2017 @ 190.00 SL 191.80 TGT 188.80-187.00. MCX.
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