EPIC RESEARCH MCX Zinc UPDATE OF 8 August 2018

Zinc trading range for the day is 177.7-182.7.

* Zinc gained as a rising yuan kept the dollar on the back foot and easing U.S.-China trade war concerns supported sentiment.

* China’s social inventory of zinc across Shanghai, Tianjin and Guangdong edged down as limited import arrivals failed to drive up overall stocks.

* pot zinc trades in the Shanghai market slowed from last Friday as buyers hesitated and sellers hardly lowered offers.

* BUY ZINC AUG 2018 @ 180.00 SL 178.50 TGT 181.50-183.00.MCX

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