Zinc has intraday immediate support level around 279 - Swastika Investmart
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DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Putin acknowledges Russia's war in Ukraine could be a long one
* Oil prices steady after hitting 2022 lows
* U.S. floats new steel, aluminum tariffs based on carbon emissions
CHART OF THE DAY
ZINC: Zinc has given close with green note around 278-279+, in daily chat found breakout above 280 levels, if it sustaining above 280 then it will be test upside 285-289 levels, on the downside it has intraday immediate support level around 279 while below 278 It may head toward 276-273 levels.
OUTLOOK:
* Bullion: Day trend is indicating to sideways to upside in Gold &Silver.
* Energy: Day trend is indicating downtrend in Crude oil & sideways to upside in Natural gas
* Base metals: Day trend is indicating Sideways to upside in all base metals.
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