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Wednesday, May 28, 2008

UPDATES

MAY 28 WEDNESDAY

SHORT TERM TREND BEARISH RS 13800

LONG TERM TREND BULLISH RS 26800

Prefer to shorts at RS 24380 to 24400


Stop loss RS 24580

Target RS 23900

Silver tumbled the most in two months.

Silver futures for July delivery plummeted 82.5 cents, or 4.5 percent, to

$17.465 an ounce. The drop was the biggest since March 20.

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