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Thursday, June 26, 2008

UPDATES ON JUNE 2 6 2008

JUNE 26 THURSDAY

SHORT TERM TREND : SIDEWAYS : TARGET RS 79.40 TO 82.60

LONG TERM TREND : BEARISH : TARGET RS 68

S1 RS 80.60, S2 RS 79.40, S3 RS 78

R1 RS 82.30, R2 RS 83.70, R3 RS 85

MARKET IS EXPECTED TO TRADE SIDEWAYS

Base netals followed crude oil in its downward

rally and closed lower on wednesday.

At 10.20 G.M.T LME Zinc was down 3 % from

Tuesdays high at $ 1890 per tonne.

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