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Friday, May 20, 2011

MARKET UPDATE FOR MAY 20 8.50 AM IST


METALS UPDATE :


LME Copper facing strong Res at $ 9000 and




unable to sustain above this levels .


CMP Rs 8960 /


MCX Terms Wednesdays rally upside looks more a


short covering rally , currently trading in a tight


range 398 to 412 ,


next upside on close above 415 for more momentum . /