In last trading session MCX Zinc future has touched the low of 102.35 after opened at 103.85, and finally settled at 103.25. For today's session Zinc future is looking to take support at 102.4, a break below could see a test of 101.6 and where as resistance is now likely to be seen at 104.7, a move above could see prices testing 106.1.
MCX Zinc Intraday Outlook
MCX Zinc Sep contract trading range is 101.6-106.1. Intraday traders can buy MCX Zinc Sep contract near 102.2 with the stop loss of 101 and can wait for the targets of 103.3 and 104.2.
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