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Friday, August 8, 2008

UPDATES ON AUG 8 2008

AUG 8 FRIDAY

SHORT TERM TREND : SIDEWAYS : TARGET RS 89 TO 94

LONG TERM TREND : BEARISH : TARGET RS 65

S1 RS 89.30, S2 RS 88, S3 RS 86.80

R1 RS 92.40, R2 RS 94, R3 RS 95.60

MARKET IS EXPECTED TO MOVE SIDEWAYS.

Lead was at $ 2095 a tonne from $ 2065.

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