MCX Zinc Report for 17th March 2023

Insignia Consultants

Friday, March 17, 2023 TIME 10:34 AM IST

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MCX ZINC REPORT

Short term more pains can be there in zinc if global stocks sink. If not, then there will be a short covering rally.

Zinc Mini March 2023: (CMP Rs.258.55)

1. Key Support:255.60 and 256.90
2. Key Resistance: 259.90 and 262.30
3. Zinc Mini has to trade over 256.90 to rise to 262.30 and 266.80.
4. Sellers will be there only if zinc mini trades below 256.90 to 255.40 and 252.20.

(prices in Indian Rupees above)

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific c3urrencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Website www.insigniaconsultants.in

Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.

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