Tuesday, September 9, 2008
UPDATES ON SEPT 9 2008
SEPT 9 TUESDAY
SHORT TERM TREND : SIDEWAYS
LONG TERM TREND: BEARISH
S1 RS 77.20 , S2 RS 75.60
R1 RS 79.40 , R2 RS 80.70
WAIT FOR CONFIRMATION.
Zinc is at $ 1762 up $ 12 .
Prices are firmly within a downward trend.
For the time being it seems that $ 1750 support is
holding , but a break below this level could result in a
sharper sell off to the recent low of $ 1600.
SHORT TERM TREND : SIDEWAYS
LONG TERM TREND: BEARISH
S1 RS 77.20 , S2 RS 75.60
R1 RS 79.40 , R2 RS 80.70
WAIT FOR CONFIRMATION.
Zinc is at $ 1762 up $ 12 .
Prices are firmly within a downward trend.
For the time being it seems that $ 1750 support is
holding , but a break below this level could result in a
sharper sell off to the recent low of $ 1600.
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