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Tuesday, November 25, 2008

UPDATES ON NOV 25 2008

NOV 25 TUESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 58.80 , S2 RS 57 , S3 RS 55.40

R1 RS 61.30 , R2 RS 63 , R3 RS 65

Lead prices continue their way down even as stocks

continue falling.Winter season coming nearer usually

increases Lead demand for car batteries but lower

economic outlook may prevent prices to advance

to high.

Stocks in London are decreasing.The stock drop may

continue as demand for lead could go up.

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