Tuesday, January 20, 2009
UPDATES ON JAN 20 2009
JAN 20 TUESDAY
SHORT TERM TREND : BULLISH
LONG TERM TREND : BEARISH
S1 RS 59.30 , S2 RS 58 , S3 RS 56.30
R1 RS 62 , R2 RS 63.60 , R3 RS 65
BUY ON DIPS FOR INTRA DAY.
Zinc added 1.2 percent to $1,266.5.
Zinc prices are trading sideways.
Zinc has crucial support in the MCX at Rs 60 in the jan
contract.
If Zinc prices are able to break Rs 62.20 in MCX Jan contract
there is further upside up to Rs 63.70 .
SHORT TERM TREND : BULLISH
LONG TERM TREND : BEARISH
S1 RS 59.30 , S2 RS 58 , S3 RS 56.30
R1 RS 62 , R2 RS 63.60 , R3 RS 65
BUY ON DIPS FOR INTRA DAY.
Zinc added 1.2 percent to $1,266.5.
Zinc prices are trading sideways.
Zinc has crucial support in the MCX at Rs 60 in the jan
contract.
If Zinc prices are able to break Rs 62.20 in MCX Jan contract
there is further upside up to Rs 63.70 .
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