Consider 4200 as a crucial support level and a break below this should give a down target of 4140 - 4100 levels. Resistance is strong at 4270 on intraday charts.
It would be interesting to track Dow Jones today - if it does not revive after a $700 billion booster ; I wonder what else can save the US economy from further deterioration!
ZINC METAL on the MCX is showing some signs of trend reversal. The metal has good support now near Rs 78.50 levels on the MCX. Expect a target of Rs 88.50 in the short term and Rs 92-93 in the medium term.
The chart above is self explanatory
CA Rajiv D Khatlawala
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