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Tuesday, June 17, 2008

UPDATES ON JUNE 17 2008

JUNE 17 TUESDAY

SHORT TERM TREND : BEARISH : TARGET RS 74

LONG TERM TREND : BEARISH : TARGET RS 65

S1 RS 75.60, S2 RS 74, S3 RS 72.60

R1 RS 77.80, R2 RS 79,R3 RS 80.60

PREFER SHORTS AT RS 77.80 TO 78

STOP LOSS RS 79

TARGET RS 76.20

Lead traded slightly lower at $1,771.75 from $1,775.

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