ZOID RESEARCH 19-NOV-2014 : ZINC

Zinc too declined yesterday and closed at $2252 MT. As per the latest quote, Zinc is trading mostly flattish at $2251 MT. Overall,lack of any fresh trigger for the metal as Zinc is now expected to remain in broad balance towards the end of 2014 is causing the subdued performance of the metal. On the other hand Lead, declined by around 1.03% and closed at $2023 MT. As per the latest
quote, Lead is seen trading at $2028 MT. Overall, we recommend selling Zinc from higher levels and expect Lead to remain range bound with some volatility towards the end of the day with economic data streaming in from US.

Try once at www.zoidresearch.com or contact us @ 9039073611