AUG 5 TUESDAY

SHORT TERM TREND : BEARISH : TARGET RS 73.30

LONG TERM TREND : BEARISH : TARGET RS 64

S1 RS 75, S2 RS 73.40, S3 RS 72

R1 RS 77.60, R2 RS 79, R3 RS 80.70

PREFER SHORT AT RS 77.40 TO 77.50

STOP LOSS RS 79

TARGET RS 75.30

Metals drift lower in consolidation mode.

A quite over night session for the Base metals

have set the tone for Mondays trading session with

prices drifting lower in consolidation mode and

little activity expected ahead of U.S data later.

Zinc was down 1 % to trade at % $ 1821 a tonne.