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MCX ZINC

Last updated : 25 April 2021

ZINC is one of the base metals. Multi Commodity Exchange (MCX) allowed traders to trade in ZINC. Lot size of ZINC is 5000 (1 Points = Rs. 5000 ). Some margin amount required to trade in this commodity which can be varies from Rs 1 lac to 1.5 lacs as per its volaility. When volatility high, exchanges increased margin of ZINC. (Time to time margin changed by exchange, so please check it once before taking any action). One can do Options trading in ZINC, but still there is very less volume.

Latest View on ZINC

25 April 2021: 229-229.50 good entry level for zine with stop loss of 226. We can see target upto 234 / 237 in coming day.

01 June 2019 : Zinc closed at 206.45. As per chart ZINC if break 204 level then we will see further downside upto 202 / 200 levels. Above 210, ZINC will be bullish.