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Friday, September 12, 2008

UPDATES ON SEPT 12 2008

SEPT 12 FRIDAY
MCX ZINC SEPTEMBER

SHORT TERM TREND - BULLISH

LONGTERM TREND - BEARISH

SUPPORT 1- 80.10, SUPPORT 2 -78.60

RESISTANCE 1 - 82.4,RESISTANCE 2 - 84.3

STAY LONG


Zinc dropped $ 27 to $ 1750.

Support is at $ 1750 and Resistence is at $ 1950.

The $ 1750 support has still not given away on a two

day closing basis .

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