OCT 13 MONDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 68.20 , S2 RS 66.50

R1 RS 71.30 , R2 RS 73

SELL AT RESISTENCE LEVELS.

Zinc has managed to trade in the range of

$ 1430 and $ 1699 a tonne , resisting a major

fall. It was trading witha strong downside bias as

increasing stock piles and weak spot demand weighed

down on the metal.

The global Zinc market was in surplus of 77,000 tonnes

in the firat seven months of the year according

to the International Lead and Zinc Study Group.