MAY 29 THURSDAY


SHORT TERM TREND : BEARISH :TARGET RS 87.60

LONG TERM TREND :BEARISH : TARGET RS 82.00

S1 RS 90.29, S2 RS 88.80 , S3 RS 87.20

R1 RS 92.30, R2 RS 93.60, R3 RS 95.

PREFER TO SHORT AT RS 92.20 TO 92.40

STOP LOSS RS 93.60

TARGET RS 90.20

The sell-off across the base metals complex this morning has also been

extended by a drop across commodities, with lower oil prices and a firmer

dollar hitting sentiment.


zinc was trading at $2,095 against $2,151.