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Wednesday, July 9, 2008

UPDATES ON JULY 9 2008

JULY 9 WEDNESDAY

SHORT TERM TREND : BEARISH: TARGET RS 74.60

LONG TERM TREND : BEARISH : TARGET RS 68

S1 RS 76, S2 RS 74.60, S3 RS 73

R1 RS 78.30, R2 RS 80.20, R3 RS 81.60

PREFER SHORTS AT RS 78.10 TO 78.60

STOP LOSS RS 80.20

TARGET RS 76.20

Zinc was down to $ 1805 /1825 a tonne from

$ 1840 on Monday.

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