8 March 2016

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ZINC SELL CALL

LEVEL AND UPDATE

WE (SOFTWARE) GIVEN SELL CALL IN  ZINC AT 123.70 AND ALL TARGETS DONE NOW.

ZINC STARTED TRADING IN INTRADAY OVERSOLD ZONE AND A MILD PULLBACK CANT RULED OUT FROM LOWER LEVEL'S .
SELLING AT THESE LEVEL'S WILL NOT BE SAFE AND NOT BUYING AS WELL AS IT IS AGAINST THE TREND NOW.

WE ADVISE TO WAIT FOR SOME PULLBACK TO INITIATE SELL POSITION IN ZINC.