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Thursday, November 19, 2009

UPDATES FOR NOV 19 2009

NOV 19 THURSDAY

TRADING LEVELS FOR MORNING SESSION

SUPPORT 1 RS 103 , SUPPORT 2 RS 101

RESISTANCE 1 RS 105 , RESISTANCE 2 RS 107

Recap: -

Zinc prices went up with other metals but came

down and trading bit low than others. Prices

trading high volatile between 103 – 105 levels.

Forecast: -

Prices looks firm on a close above 103 levels.

Could test more high if sustains above this levels

again till 105 – 107 levels. Heavy selling below

103 could trigger prices downwards till 101 again.

Wait for confirmation.

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