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Wednesday, August 13, 2008
UPDATES ON AUG 13 2008
AUG 13 WEDNESDAY SHORT TERM TREND : BEARISH : TARGET RS 67.30 LONG TERM TREND : BEARISH : TARGET RS 62. S1 RS 68.60, S2 RS 67.30 , S3 RS 65.80 R1 RS 70.60 , R2 RS 72 , R3 RS 73.40 PREFER SHORT AT RS 70.40 TO 70.60 STOP LOSS RS 72 TARGET RS 68.60. Zinc lost 2 % as fundamentals for the metal remained weak. The metal was last at $ 1668/1668.50 per tonne , down $ 22 from Monday.
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