Sell Zinc Below 264 SL Above 266 TGT 261/260 - Axis Securities
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MCX Zinc opened sharply lower with a downward gap and selling pressure throughout the session. The chart pattern suggests that if Zinc breaks and sustains below 264 level it would witness selling which would drag the price towards 261-260 levels. Important resistance for the day is placed at 268.
SELL ZINC BELOW 264 SL ABOVE 266 TGT 261/260
MCX Aluminium opened sharply lower with a downward gap and extended selling momentum in the first half. The chart pattern suggests that if Aluminium breaks and sustains below 207 level it would witness selling which would drag the price towards 205-202 levels. Important resistance for the day is placed at 209.
SELL ALUMINIUM IN THE RANGE OF 207-207.50 SL ABOVE 208.50 TGT 205/202
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