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Wednesday, September 24, 2008

UPDATES ON SEPT 24 2008

SEPT 24 WEDNESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 89.20 , S2 RS 87.60

R1 RS 91.60 , R2 RS 93.40

STAY LONG AT SUPPORT.

Lead was at $2,000, up from Monday's close of$1,990.

It hit a high of $2,020 in earlier trade, its highest level

since Sept. 4.

Lead stocks were down 1300 /MT .

Lead has support at $ 1900 and resistence at $ 1950.

Analyst feel another close above $1950 today could see it

trying to test $ 2130 levels.

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