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Wednesday, September 10, 2008

UPDATES ON SEPT 10 2008

SEPT 10 WEDNESDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 18740 , S2 RS 18330

R1 RS 18950 , R2 RS 19360

SELL AT RS 18960

STOP LOSS RS 19260

TARGET RS 18540

Silver was at $ 12.02 /12.08 from
$ 12.05/12.11.

Gold came under pressure on Tuesday , struggling

to stay above $ 800 , an ounce le3vel due to a strong

dollar , but robust physical s\demand capped losses.

Crude oil fell to a 5 month low as the Saudi Arabian

and Venezuelan oil ministers signalled that OPEC

may maintain production level when it meets

in Vienna.


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