JULY 10 THURSDAY

SHORT TERM TREND : SIDEWAYS: TARGET RS 78.40 TO 83.60

LONG TERM TREND : BEARISH: TARGET RS 68

S1 RS 78.40, S2 RS 77, S3 RS 75.60

R1 RS 81.20, R2 RS 83.60, R3 RS 85

MARKET IS EXPECTED TO MOVE SIDEWAYS TO HIGHER.

STAY LONGS AT INTRADAY AT SUPPORT.

zinc rally on short-covering.

Zinc bounced 6.6 percent on short-covering, traders

said,after prices have fallen some 23 percent so far this year.

Zinc MZN3 closed at its intraday high of $1,865 per tonne

against $1,750 on Tuesday.