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Thursday, August 21, 2008

UPDATES ON AUG 21 2008

AUG 21 THURSDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 76.40 , S2 RS 75

R1 RS 78.80, R2 RS 80.30

SELL AT RS 78.80 TO 79

STOP LOSS RS 80.30

TARGET RS 76.40

Lead also rallied in the previous session as available

stock in warehouse declined.

The metal mainly used in batteries traded at

$ 1770 against Tuesday's close of $ 1800.

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