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Thursday, January 29, 2009

UPDATES ON JAN 29 2009

JAN 29 THURSDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 160.30 , S2 RS 158 , S3 RS 155.60

R1 RS 164.30 , R2 RS 166 , R3 RS 168.60

Copper prices were also higher as March copper added 1 cent

to $1.50 per pound in New York and three-month copper

gained $60 to $3,370 per tonne on the London Metal

Exchange.

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