Thursday, August 14, 2008
UPDATES ON AUG 14 2008
AUG 14 THURSDAY
SHORT TERM TREND : SIDEWAYS : TARGET RS 70 TO 73
LONG TERM TREND : BEARISH : TARGET RS 62.
S1 RS 70.10, S2 RS 68.60 , S3 RS 67.20
R1 RS 73 , R2 RS 74.50 , R3 RS 76
MARKET IS EXPECTED TO MOVE SIDEWAYS.
Zinc gained $ 12 to $ 1630.
Metals were vulnerable with London Metal Exchange
Copper just offa 6 month low of $ 7120 a tonne
and Aluminum close to a 5 month trough of $ 2756
hit in the previous session.
SHORT TERM TREND : SIDEWAYS : TARGET RS 70 TO 73
LONG TERM TREND : BEARISH : TARGET RS 62.
S1 RS 70.10, S2 RS 68.60 , S3 RS 67.20
R1 RS 73 , R2 RS 74.50 , R3 RS 76
MARKET IS EXPECTED TO MOVE SIDEWAYS.
Zinc gained $ 12 to $ 1630.
Metals were vulnerable with London Metal Exchange
Copper just offa 6 month low of $ 7120 a tonne
and Aluminum close to a 5 month trough of $ 2756
hit in the previous session.
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