Wednesday, January 21, 2009
UPDATES ON JAN 21 2009
JAN 21 TUESDAY
SHORT TERM TREND : SIDEWAYS
LONG TERM TREND : BEARISH
S1 RS 58.30 , S2 RS 57 , S3 RS 55.40
R1 RS 60.70 , R2 RS 62 , R3 RS 6.60
zinc fell 4.3 percent to $1,215 a ton.
Zinc prices are trading sideways .
Support is seen at Rs 59.50 in Jan MCX contract .
Resistence is seen at Rs 62.20 in MCX and buying will start
only after that level.
SHORT TERM TREND : SIDEWAYS
LONG TERM TREND : BEARISH
S1 RS 58.30 , S2 RS 57 , S3 RS 55.40
R1 RS 60.70 , R2 RS 62 , R3 RS 6.60
zinc fell 4.3 percent to $1,215 a ton.
Zinc prices are trading sideways .
Support is seen at Rs 59.50 in Jan MCX contract .
Resistence is seen at Rs 62.20 in MCX and buying will start
only after that level.
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