JAN 5 MONDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 157 , S2 RS 154.60 , S3 RS 152

R1 RS 162 , R2 RS 165 , R3 RS 168

STAY LONG AT SUPPORT.

Copper gained as much as 6.4 percent on the London Metal

Exchange on Jan. 2, while zinc climbed as much as 7.5

percent on speculation funds tracking the Dow Jones-

AIG Commodity Index may make purchases. The Shanghai

exchange opened for trading today after closing Dec.

31 for the New Year holidays.

Copper for March delivery on the Shanghai Futures Exchange

rose 6 percent from the previous settlement price to

24,810 yuan ($3,636) a metric ton. Zinc in Shanghai

also surged the 6 percent daily limit to 10,550 yuan

a ton.