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Monday, July 2, 2012

Weekly Update(2/7/12-7/712)

Weekly Scenario:
Prices remain below the long term trend line.The medium term trend is still down resistance could be seen at 28.84-29.25  and finally 30.46-31.50.On a weekly close above 33.56 the medium term downtrend would be neutralized.Support lies at  24.26-21.76 zone .
Have an amazing trading week ahead.

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