NOV 19 WEDNESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 181.50 , S2 RS 178

R1 RS 186 , R2 RS 189

Base metals pare gains on late Wall St reversal.

Industrial metals trimmed gains in late business on Tuesday

as a sharp downturn in U.S.equities sapped strength from

the complex, while a poor demandoutlook continued to

dampen sentiment.


London Metal Exchange often seen as a keygauge of real

economic activity -- rose $90 or 2.5 percent to close at

$3,750 a tonne. After-hours, it was trading at around

$3,682.

Copper for December ended up 0.55 cent at$1.6620 a lb

on the New York Mercantile Exchange's COMEX division,

after dealing in a session range between $1.6015 and

$1.7015.

Weak metals demand and fears the world is in for a long

recession have sent copper prices tumbling around 60

percent sincehitting a record high of $8,940 a tonne in

July.