JULY 23 WEDNESDAY

SHORT TERM TREND : SIDEWAYS : TARGET RS 76.30 TO 80.60

LONG TERM TREND :BEARISH : TARGET RS 68

S1 RS 77.60, S2 RS 76.30, S3 RS 75

R1 RS 79.70, R2 RS 80.60, R3 RS 82

IF PRICES IS UNABLE TO BREAK 79.70

STAY SHORT FOR INTRADAY.

Zinc increased $49.75, or 2.7 percent, to $1,910.25 a ton,

trimming this year's loss to 19 percent. OZ Minerals Ltd.,

the world's second-largest zinc mining company, said

the price of the metal may start to rebound as mine

closures cut the global surplus faster than expected.