Tuesday, July 29, 2008
UPDATES ON JULY 29 2008
JULY 29 TUESDAY
SHORT TERM TREND : BULLISH : TARGET RS 85.60
LONG TERM TREND : BEARISH : TARGET RS 64
S1 RS 80.50, S2 RS 79, S3 RS 77.30
R1 RS 83.80, R2 RS 85.60, R3 RS 87.30
PREFER INTRA DAY LONG AT RS 80.80 TO 80.60
STOP LOSS RS 79
TARGET RS 83.80
Zinc was trading up 1 percent at $ 1863 a tonne.
Consumers and traders are in no rush to buy
Base metals on Monday and traders said that
markets are expected to be quiet in the absence
of any fresh gold or oil related drivers.
SHORT TERM TREND : BULLISH : TARGET RS 85.60
LONG TERM TREND : BEARISH : TARGET RS 64
S1 RS 80.50, S2 RS 79, S3 RS 77.30
R1 RS 83.80, R2 RS 85.60, R3 RS 87.30
PREFER INTRA DAY LONG AT RS 80.80 TO 80.60
STOP LOSS RS 79
TARGET RS 83.80
Zinc was trading up 1 percent at $ 1863 a tonne.
Consumers and traders are in no rush to buy
Base metals on Monday and traders said that
markets are expected to be quiet in the absence
of any fresh gold or oil related drivers.
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