MTECHTIPS:-Zinc to trade in 180.9-189.3: Achiievers Equities

MTECHTIPS:-Zinc to trade in 180.9-189.3: Achiievers Equities

MTECHTIPS-Zinc trading range for the day is 180.9-189.3. Zinc dropped as pressure seen after the China’s economic growth is likely to slow to 6.5 percent this year. Prices can see support as Miner Volcan said it had declared force majeure on its mineral deliveries after heavy flood. Peru’s Zinc production output increased by 11.3 percent in January from the same month a year earlier official data showed. SELL ZINC MAR 2017 @ 184.50 SL 186.00 TGT 182.50-180.50 .MCX.

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