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Wednesday, May 21, 2008

UPDATES 21 MAY

MAY 21 WEDNESDAY


SHORT TERM TREND BEARISH TARGET RS 94.20

LONG TERM TREND BEARISH TARGET RS 83.

S1 RS 94.7 , S2 RS 93.1 , S3 RS 91.7

R1 RS 97.8 , R2 RS 99.2 , R3 RS 100.8

PIVOT RS 96.10

Zinc smelters in Earthquake hit China have slowly started

production providing some relief from supply worries

and bringing down prices on the London Metal Exchange.

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