Intraday Commodity Future: Buy ZINC JULY

• July 22, 2021
• By Dipankar Sardar
• 87 Views 701 comments

Zinc is a chemical element with the symbol Zn and atomic number 30. Zinc is a slightly brittle metal at room temperature and has a silvery-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodic table. In some respects, zinc is chemically similar to magnesium: both elements exhibit only one normal oxidation state (+2), and the Zn²⁺ and Mg²⁺ ions are of similar size.^{[note 1]} Zinc is the 24th most abundant element in Earth’s crust and has five stable isotopes. The most common zinc ore is sphalerite (blende), a zinc sulfide mineral. The largest workable lodes are in Australia, Asia, and the United States. Zinc is refined by froth flotation of the ore, roasting, and final extraction using electricity (electrowinning). The element was probably named by the alchemist Paracelsus after the German word Zinke (prong, tooth). German chemist Andreas Sigismund Marggraf is credited with discovering pure metallic zinc in 1746. Work by Luigi Galvani and Alessandro Volta uncovered the electrochemical properties of zinc by 1800. Corrosion-resistant  plating of iron (hot-dip galvanizing) is the major application for zinc. Other applications are in electrical batteries, small non-structural castings, and alloys such as brass. A variety of compounds are commonly used, such ascarbonate and  gluconate (as dietary supplements), zinc chloride (in deodorants),  pyrithione (anti-dandruff shampoos),  sulfide (in luminescent paints), and dimethylzinc or diethylzinc in the organic laboratory.

Script Name –ZINC

Expire Date-JULY

Buy Price – 242.2-242.3

Profit Target-244.60

Stop Loss-241

Call Duration-INTRADAY

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