Daily Update(14/8/12)

Today's Scenario:

Sorry guys for no updates since past few days as I was on a trip.As expected the bounce continued to find resistance in the 28.32-28.52 zone.26.95-26.80 is an important zone to be held for the bounce to continue and target higher levels at 28.72-28.92 and further more bullish potential exists.While on the contrary,a break would result in 25.32-24.62 zone .Support for the day lies at 27.63-27.45.
Happy Trading.