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Monday, January 19, 2009

UPDATES ON JAN 19 2009

JAN 19 MONDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 55.10 , S2 RS 53.60 , S3 RS 52

R1 RS 57.60 , R2 RS 59 , R3 RS 60.70

Lead i at $ 1177 up $ 23.

Prices are holding and unable to break lower levels.

Analyst feel that a break above $ 1220 could lead to

further buying.

It has suport at $ 1050 and resistence at $ 1220.

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