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Zinc makes a bearish move

Monday, 11 January 2010


AHMEDABAD, Jan 10 (Commodity Online): The expected US non firm pay roll data tonight has made Zinc down by 2.33 per cent. Zinc opened at 117.5 & made a low of 114.85. Day's high is at 117.5. Total volume for the day is 14817 lots and open interest is around 5571 lots.
"Support for zinc is at 114 and 113 while resistance level is at 118 and 120," said Hardik Shah, Research Analyst with Commodity Online.