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Russia's zinc output increased in January to February by 23% compared with the same two months of 2009, the state statistics committee reported. Zinc yesterday we have seen that market has moved -0.53%. Market has opened at 103.6 & made a low of 101.15 versus the day high of 103.6. The total volume for the day was at 21797 lots and the open interest was at 3853.Now support for the zinc is seen at 101.6 and below could see a test of 100.1. Resistance is now likely to be seen at 104, a move above could see prices testing 105.

Trading Ideas:

Zinc trading range is 100.1-105.

Russia's zinc output increased in January to February by 23%

Copper finished with a small gain, recovering from early-day weakness as the dollar gave up its initial strength and equities turned higher when risk appetite improved. Copper stored in warehouses affiliated with the LME warehouses fell 900 metric tons to 522,075. The most recent Comex data, as of Friday afternoon, were steady at 101,723 short tons. Copper has touched a low of Rs 333.8 a kg after opening at Rs 339.2, and last traded at Rs340.2.For today market is looking for the support at 335.7, a break below could see a test of 331.3 and where as resistance is now likely to be seen at 342.7, a move above could see prices testing 345.3.

Trading Ideas:

Crude oil ended up after bouncing off an early low as Wall Street headed higher and the euro rebounded against the dollar. Oil came under pressure as China, the world’s fastest- growing energy consumer, reported that record oil imports in February boosted its stockpiles by 5.2 percent from January. Chinese inventories rose to 28.2 million metric tons (206.7 million barrels), according to China Oil, Gas & Petrochemicals. Now support for the crude is seen at 3642 and below could see a test of 3574. Resistance is now likely to be seen at 3749, a move above could see prices testing 3788.

Trading Ideas:

Crude trading range is 3574-3788.

A health advocacy group says, the healthcare reform bill passed in the U. S. House requires calorie-labeling on chain-restaurant menus.

The legislation applies to chains with 20 or more outlets and requires them to provide additional nutrition information on request, Margo G. Wootan, nutrition policy director at the Center for Science in the Public Interest in Washington, said.

Calorie information will be required to be provided by the restaurants on menus, menu boards, drive-through displays and vending machines.

Silver closed lower but nevertheless staged an "impressive" rally in bouncing from its low.

Healthcare reform is not perfect, but offers a step toward protecting human dignity, the largest group of U. S. non-profit health systems says.

I applaud the U. S. House of Representatives and President Barack Obama for enacting healthcare reform legislation that will save and improve lives, says Sister Carol Keehan, president and chief executive office of the Catholic Health Association of the United States.