Thursday, January 22, 2009
UPDATES ON JAN 22 2009
JAN 22 THURSDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 56.60 , S2 RS 55 , S3 RS 53.60
R1 RS 58.60 , R2 RS 60 , R3 RS 61.60
STAY SHORT AT RESISTANCE.
Zinc dropped as much as 9.2 percent to $1,135 a ton, the
biggest decline since Oct. 30. LME inventories climbed
4.3 percent to the highest since March 2006.
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 56.60 , S2 RS 55 , S3 RS 53.60
R1 RS 58.60 , R2 RS 60 , R3 RS 61.60
STAY SHORT AT RESISTANCE.
Zinc dropped as much as 9.2 percent to $1,135 a ton, the
biggest decline since Oct. 30. LME inventories climbed
4.3 percent to the highest since March 2006.
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