zinc

Present buying mood likely to continue only on concrete trades above 113.60 region and such winning moves could shove prices towards 114.10/115.20.In the mean time, failure to close above 113.60 region could bid for a “U –turn” with a downside target of 112.60/112.

Simmering weakness likely to elongate towards the downside target of 111.60 firstly followed by 110.90. Even in this unwelcoming picture, straight rise above 113 region may push prices to 113.60/114 or even higher to 115.60.

Prices seem exhausted and giving up its bullish steam. Hence, for the day, expect a lower correction towards 111.10 followed by 110.70 levels. On the other side, it has to trade above 112.70 for the bullish momentum to continue towards 114.4 levels.

Prices gradually losing its bullish steam and broke major support at 112 levels. Hence, anticipate a lower correction towards 111.20 followed by 110.70 levels. On the other side, it has to trade above 112.70 for the bullish momentum to continue towards 114.4 levels.

Prices gradually retarding its bullish momentum and may see profit booking till 113 levels before resuming the rally towards 114 followed by 114.4/115.50 levels. On the other side, any trade below 112.5 could see mild profit booking towards 111.80/111.30 levels.

After yesterday’s profit en-cashing, prices rebounded from the technical base of 111.50 levels. Prices are now hovering above 112, but the upside moves are further restricted by falling trend line resistance placed at 112.50 region. Any trades above the same could see short covering rallies...

Prices cleared the internal trend line support of 110 levels yesterday. For the day, a break below 109.30 could see further sell offs towards 108.50 followed by 108 levels. On the higher side, unable to do so could see pullback rally towards 111 levels for the day. Major upside rally is seen...

Prices have been trading with northbound direction , which is likely to persist towards 109.60 firstly followed by 110.40. Even in this hospitable condition, vertical fall below 108.20 region could lure intraday selling to 107.30/106.80 or even more.

Hindustan Zinc’s (HZL), mined metal production in FY2013, as per the current year’s mine plan is expected to be slightly higher than the previous year, with production in H1 FY2013 marginally lower than that of last year, which will be more than made up in H2 FY2013. Accordingly, mined metal...

Company proposes new valuation for Hindustan Zinc (HZL) and BALCO -Company proposes fair market valuation by two methods -Fair market value by independent valuer using discounted cash flow and fair market value -Company commits to accept higher of two valuations -Company offers to drop pending...

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--> Tarsis Capital Corp.: Massive Zinc Mineralization at Goz Creek ... On behalf of the Board of Directors, Tarsis Capital Corp. Marc G. Blythe, P.Eng., MBA., President and Chief Executive Officer The TSX Venture Exchange does not Accept Responsibility for ... More...

hlo frnds this is a research made by me and my colleagues during our summer s