AUG 27 WEDNESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

SUPPORT 1 RS 75.40, SUPPORT 2 RS 73.60

RESISTENCE 1 RS 78.80, RESISTENCE 2 RS 80.30.

MARKET IS EXPECTED TO MOVE SIDEWAYS

Zinc drops over 4 percent on oversupply, seen lower.

shed $40 to $1,790 per tonne after hitting a low

of $1,750 -- down 4.4 percent.

Traders are still bearish on Zinc.

Prices are likely to fall further to $ 1550.

$ 1600 can turn out to be a good cost support

level.