JUNE 24 TUESDAY
SHORT TERM TREND : BULLISH : TARGET RS 578
LONG TERM TREND : BULLISH : TARGET RS 630
S1 RS 568, S2 RS 564, S3 RS 560
R1 RS 573, R2 RS 576, R3 RS 580
PREFER LONGS AT RS 567 TO 567.80
STOP LOSS RS 563
TARGET RS 576
Gasoline demand last week was 1.2 percent
lower than the same week last year, the U.S.
Energy Department report yesterday showed.
Stockpiles fell 1.6 percent to 206.2 million barrels
as refiners kept processing below year-earlier rates.
U.S. gasoline demand dropped 5.5 percent last week
as prices at the pump reached records, according to
MasterCard Inc., the second-biggest credit-card company.
The ICE'S gas oil contract for July delivery was up $ 6
at $ 1239 a tonne , while Nymex gasoline for July
delivery was up 230 points at 346.22 cents a gallon.
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