Report For Date 31/07/2017
LME Zinc - (Price figures in $/Ton)
Accumulate at DRV-2627 or below as the opportunity arises. Resistance is at 2805-2843-2971.
Correction towards DRV can be witnessed unless immediate rise above 2843 is witnessed.
Weekly Levels For LME Zinc
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
2766.0
|
2627.8
|
UP
|
2725
|
23.06
|
2687
|
2746
|
2786
|
2805
|
2864
|
Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.