Tuesday, November 18, 2008
UPDATES ON NOV 18 2008
NOV 18 TUESDAY
SHORT TERM TREND : BEARSH
LONG TERM TREND : BEARISH
S1 RS 56.10 , S2 RS 54.70
R1 RS 58.30 , R2 RS 59.60
Zinc at $1,170, from $1,200.
The immediete support is seen at Rs 56.10
levels for MCX November contract whereas crucial
support is seen at Rs 55.05 levels.
Zinc is expected to trade sideways for the day.
Short term resistence is seen at Rs 58.90
whereas major resistence is seen at Rs 60.10.
SHORT TERM TREND : BEARSH
LONG TERM TREND : BEARISH
S1 RS 56.10 , S2 RS 54.70
R1 RS 58.30 , R2 RS 59.60
Zinc at $1,170, from $1,200.
The immediete support is seen at Rs 56.10
levels for MCX November contract whereas crucial
support is seen at Rs 55.05 levels.
Zinc is expected to trade sideways for the day.
Short term resistence is seen at Rs 58.90
whereas major resistence is seen at Rs 60.10.
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