Yesterday Zinc futures has touched the low of 89.35 after opening at 94.3, and finally settled at 92.55. For today's trading session MCX Zinc futures is likely to find support at 89.8, a break below could see a test of 87.1 and where as resistance is now likely to be seen at 94.8, a move above could see prices testing 97.
MCX Zinc future trading range is 87.1-97. Short term traders can buy MCX Zinc Sep contract near 92 with the stop loss of 90.7 and can wait for the targets of 93.5 and 94.7.
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