Wednesday, November 12, 2008
UPDATES ON NOV 12 2008
NOV 12 WEDNESDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 52.40 , S2 RS 51.10
R1 RS 55.30 , R2 RS 57
SELL AT RESISTENCE.
Zinc was at $ 1305 a tonne from mondays $ 1100 /1105.
Zinc prices are trading sideways and bearish confirmation
can be seen below $ 1075 / ton .That is Rs 52.40 /KG in
the MCX Nov contract.
Analyst feel prices can test Rs 47.30 / in MCX Nov contract
in the coming days.
Zinc can face resistence at $ 1191 / ton ie Rs 55.80/kg
in the MCX.
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 52.40 , S2 RS 51.10
R1 RS 55.30 , R2 RS 57
SELL AT RESISTENCE.
Zinc was at $ 1305 a tonne from mondays $ 1100 /1105.
Zinc prices are trading sideways and bearish confirmation
can be seen below $ 1075 / ton .That is Rs 52.40 /KG in
the MCX Nov contract.
Analyst feel prices can test Rs 47.30 / in MCX Nov contract
in the coming days.
Zinc can face resistence at $ 1191 / ton ie Rs 55.80/kg
in the MCX.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment