Wednesday, July 30, 2008
UPDATES ON JULY 30 2008
JULY 30 WEDNESDAY
SHORT TERM TREND : SIDEWAYS: TARGET RS 78.60 TO 83
LONG TERM TREND : BEARISH: TARGET RS 64
S1 RS 78.60, S2 RS 77.20, S3 RS 75.40
R1 RS 81.80, R2 RS 83, R3 RS 85
MARKET IS EXPECTED TO MOVE SIDEWAYS
Zinc was down 1 % to trade at $1905 a tonne.
Open intrest is extremely low for most of the base metals
with most markets holding in very narrow range.
SHORT TERM TREND : SIDEWAYS: TARGET RS 78.60 TO 83
LONG TERM TREND : BEARISH: TARGET RS 64
S1 RS 78.60, S2 RS 77.20, S3 RS 75.40
R1 RS 81.80, R2 RS 83, R3 RS 85
MARKET IS EXPECTED TO MOVE SIDEWAYS
Zinc was down 1 % to trade at $1905 a tonne.
Open intrest is extremely low for most of the base metals
with most markets holding in very narrow range.
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