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Tuesday, August 12, 2008

UPDATES ON AUG 12 2008

AUG 12 TUESDAY

SHORT TERM TREND : BEARISH : TARGET RS 67.30

LONG TERM TREND : BEARISH : TARGET RS 62

S1 RS 70.30, S2 RS 69, S3 RS 67.60

R1 RS 73.60, R2 RS 75, R3 RS 76.60

Zinc touched a 2-1/2-year low of $1,652, before ending at$1,690

from Friday's last bid at $1,685 .
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