Zinc yesterday traded with the positive node and settled 0.09% up at 113.6. Some support had been seen from the LME stock also which came down by -50mt, the total stock at LME is now at 708375mt. In yesterday's trading session zinc has touched the low of 113.4 after opening at 113.75, and finally settled at 113.6. For today's session market is looking to take support at 113.4, a break below could see a test of 113.1 and where as resistance is now likely to be seen at 113.9, a move above could see prices testing 114.2.

Trading Ideas:

Zinc trading range is 113.1-114.2.

Zinc yesterday traded with the positive node and settled 0.09% up

Zinc looks to take resistance at 114.80 and support is at 112.20 level.

Zinc weekly stocks at Shanghai exchange came up by 2794 tonnes

YESTERDAY LME STOCK FOR ZINC CAME DOWN BY -50