NOV 24 MONDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 58.20 , S2 RS 56.80 , S3 RS 55.60

R1 RS 60.60 , R2 RS 62 , R3 RS 63.60

SELL AT RESISTENCE.

In Zinc there has been a sharp output cuts which

may arrest near term downturn to prices.

There is potential for sharp short term covering

rallies.

Immediete support is seen at Rs 56.40 levels

for MCX Nov contract where as crucial support

is seen at Rs 55.10.

Zinc is expected to trade sideways for the day.

Short term resistence is seen at Rs 58.60 whereas

major resistence is seen at Rs 60.10.