Monday, December 29, 2008
UPDATES ON DEC 29 2008
DEC 29 MONDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 54.30 , S2 RS 53 , S3 RS 51.40
R1 RS 58 , R2 RS 59.60 , R3 RS 61
STAY SHORT AT RESISTENCE.
Zinc stockpiles tracked by the London Metal Exchange rose
8.1 percent to the highest level since May 2006.
Zinc inventories jumped 18,900 metric tons to
253,625 tonnes.
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 54.30 , S2 RS 53 , S3 RS 51.40
R1 RS 58 , R2 RS 59.60 , R3 RS 61
STAY SHORT AT RESISTENCE.
Zinc stockpiles tracked by the London Metal Exchange rose
8.1 percent to the highest level since May 2006.
Zinc inventories jumped 18,900 metric tons to
253,625 tonnes.
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