Commodity Radar: Zinc shines as a lucrative bet on strong fundamentals, but technicals suggest consolidation. What should traders do?
By TodayTelugu Desk1 min read0 views
Zinc futures rose on MCX, driven by tightening global supply, Chinese smelter maintenance, falling inventories, and currency support. Despite strong fundamentals, technical indicators suggest consolidation, with analysts maintaining a buy-on-dips strategy above key support levels and upside targets near 350–354.
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