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Monday, December 29, 2008

TECHNICAL LEVELS FOR EVENING TRADE

DEC 29MONDAY

TRADING LEVELS FOR EVENING NYMEX TRADE

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 54.30 , S2 RS 53 , S3 RS 51.40

R1 RS 57 , R2 RS 58.60 . R3 RS 60.30.

WAIT FOR CONFIRMATION.

1 comment:

akshaya said...

To MR KG

Regarding your clarification on Zinc

There is a very strong support at Rs 54.80.
If it breaks these levels could test Rs 51 levels.
The life low is RS 51.
We feel the over all trend is bearish.

HAPPY TRADING .