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Thursday, August 28, 2008

UPDATES ON AUG 28 2008

AUG 28 THURSDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BEARISH

S1 RS 78.60 , S2 RS 77.20

R1 RS 83.60 , R2 RS 85.20

BUY ABOVE RS 81

STOP LOSS RS 78.40

TARGET RS 85.20

Zinc rose to $ 1799 from $ 1790 a tonne as stocks

of the metal used to galvanise steel declined

1300 tonnes to 161225 .

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