SEPT 26 FRIDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 316, S2 RS 314.60

R1 RS 318.80 . R2 RS 321

WAIT FOR CONFIRMATION.

Copper steady, market nervous on U.S. bailout plan.

Copper prices in NewYork and London edged higher on

Thursday while aluminiumtouched an eight-month low,

as volatility ran high andinvestors were cautious and

waiting for details of the $700billion U.S. financial

rescue plan to emerge.

Trading in industrial metals continued to be choppy as

investors also kept an eye on the currency market,

where thedollar rebounded after losing ground

earlier in the day.

Copper for delivery in three months on the London MetalExchange

hit a one-week low of $6,835 per tonnebefore closing at $6,930,

from $6,905 on Wednesday.

In New York, copper for December delivery HGZ8 rose 2.80

cents to close at $3.1345 a lb on the New York Mercantile

Exchange's COMEX division.

Orders for U.S. manufactured goods plunged in August, and the

number of workers filing new claims for jobless benefits shot up,

according to government reports.