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Tuesday, June 17, 2008

UPDATES ON JUNE 17 TUESDAY

JUNE 17 TUESDAY


SHORT TERM TREND : SIDEWAYS : TARGET RS 23710 TO 24870

LONG TERM TREND : BULLISH : TARGET RS 26800

S1 RS 24080, S2 RS 23920, S3 RS 23710

R1 RS 24465, R2 RS 24630, R3 RS 24870

MARKET IS EXPECTED TO MOVE SIDEWAYS.


Silver futures for July delivery jumped 73 cents,

or 4.4 percent, to $17.29 an ounce. A close at

that price would mark the biggest gain since

March 5.

Before today, silver advanced 11 percent this

year, while gold climbed 4.2 percent.



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