Wednesday, January 28, 2009
UPDATES ON JAN 28 2009
JAN 28 WEDNESDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 54.10 , S2 RS 52.60 , S3 RS 51
R1 RS 57.30 , R2 RS 59 , R3 RS 60.70
STAY SHORT AT RESISTANCE.
zinc gained $32 to $1,193 a ton.
LME Stocks were up by 9000 tonns bringing
the days total to + 17000 tonnes.
It has support at $ 1120 and Resistance at $ 1300.
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 54.10 , S2 RS 52.60 , S3 RS 51
R1 RS 57.30 , R2 RS 59 , R3 RS 60.70
STAY SHORT AT RESISTANCE.
zinc gained $32 to $1,193 a ton.
LME Stocks were up by 9000 tonns bringing
the days total to + 17000 tonnes.
It has support at $ 1120 and Resistance at $ 1300.
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