SEPT 16 TUESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 80.20 , S2 RS 78.60

R1 RS 82.60 , R2 RS 84.

Zinc slipped 1 percent to $1,745.

Base metal prices were down across the board during

London Metal Exchange pre market trade Monday

as as markets digested news of 2 US Financial giants

with Lehman Brothers filing for bankruptcy and

Bank Of America agreeing to buy Merrill lynch.

Zinc is at $ 1750 .Analyst are waiting to see if

$ 1750 support gives way on a two day closing

basis and if so a test of $ 1600 lows could be next.