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Monday, November 24, 2008

UPDATES ON NOV 24 2008

NOV 24 MONDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 57.30 , S2 RS 56 , S3 R 54.40

R1 RS 59.70 , R2 RS 61 , R3 RS 63

The entire complex has been reacting to serious concerns

on the demand side following the onset of recessionary

conditions and contractions in liquidity.

Lead has support at $ 1145 and reistence at $ 1650.

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