Buy Zinc Around 237 Sl Below 236 TGT 238/239 - Axis Securities Ltd
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ZINC
Zinc prices traded volatile in last trading session. Prices ended in red yesterday as it failed to sustian near the day's high and closd around 238 level on intraday basis. On hourly chart has taken a support near 40 level on RSI indicating positive range shift for prices. Traders can buy Zinc around 237 level for the target of 238 level on intraday basis.
BUY ZINC AROUND 237 SL BELOW 236 TGT 238/239
NICKEL
Nickel prices was down by almost 2 percent in last trading session after prices failed to sustian near day's high of 1390 and closed around 1350 level. On hourly chart prices has taken multiple support zone near 1350 level which indicate a strong demand zone for prices. Traders can buy arond the mentioned level for the target of 1355 on intraday basis.
BUY NICKEL AROUND 1350 SL BELOW 1345 TGT 1355/1360
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