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Wednesday, June 11, 2008

UPDATES ON JUNE 11 2008

JUNE 11 WEDNESDAY


SHORT TERM TREND : BEARISH : TARGET RS 80.60

LONG TERM TREND : NBEARISH : TARGET RS 75

S1 RS 82, S2 RS 80.60 , S3 RS 79

R1 RS 84.20, S2 RS 85.60, S3 RS 87

PREFER SHORTD AT RS 83.50 TO 83.60

STOP LOSS RS 85

TARGET RS 81.60

Z inc was among the worst performers.The metal fell

to its lowest level since January 2006 and was last

at $ 1930 /1940 per tonne down $ 53 or 2.7 %.

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