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Friday, May 20, 2011
MARKET UPDATE FOR MAY 20 FRIDAY 8.55 AM IST
NICKEL As we have been updating last few days only
a close above Rs 1128 further bullishness will come in ,
tested 1120 to 1125 twice in the past week and has
corrected sharply there after .
Weekly support now seen at 1155 to 1150 levels/
Lead Holding positive ,
Zinc and Aluminium trades with negative bias/
crude oil trading in a narrow range $ 97 to $ 101 .
NICKEL As we have been updating last few days only
a close above Rs 1128 further bullishness will come in ,
tested 1120 to 1125 twice in the past week and has
corrected sharply there after .
Weekly support now seen at 1155 to 1150 levels/
Lead Holding positive ,
Zinc and Aluminium trades with negative bias/
crude oil trading in a narrow range $ 97 to $ 101 .