Zinc yesterday traded with the negative node and settled -0.51% down at 107.25 due to profit booking on weekend. Some support had been seen from the LME stock also which came down by -125mt, the total stock at LME is now at 710925mt. In yesterday's trading session zinc has touched the low of 107.1 after opening at 107.7, and finally settled at 107.25.

For today's session market is looking to take support at 107, a break below could see a test of 106.7 and where as resistance is now likely to be seen at 107.7, a move above could see prices testing 108.1. Trading Ideas: Zinc trading range is
106.7-108.1. Zinc yesterday traded with the negative node due to profit booking on weekend. Zinc looks to take resistance at 108.40 and support is at 106.10 level. Zinc weekly stocks at Shanghai exchange came up by 1783 tonnes