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Wednesday, July 9, 2008

UPDATES ON JULY 9 2008

JULY 9 WEDNESDAY

SHORT TERM TREND :SIDEWAYS: TARGET RS 68 TO 73.80

LONG TERM TREND : BEARISH : TARGET RS 65

S1 RS 70.20, S2 RS 68.30, S3 RS 67

R1 RS 72.80, R2 RS 74, R3 RS 76.60

MARKET IS EXPECTED TO MOVE SIDEWAYS.

Lead fell to $ 1620/1626 a tonne from $ 1630

on Monday.

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