MTECHTIPS MCX ZINC INTRADAY trading tips 02-05-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 02-05-2017
MTECHTIPS Mcx Zinc trading range for the day is 167.5-172.9.Zinc gained on short covering after prices dropped on concern about demand in top metals market China and scepticism about proposed US tax cuts.The global zinc market is forecast to register a deficit of 226,000 tonnes in 2017, the International Lead and Zinc Study Group (ILZSG) said.This was not as deep a deficit as a consensus estimate of 392,000 tonnes.
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