UPDATES ON DEC 3 2008

DEC 3 WEDNESDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 322.60 S2 RS 320 , S3 RS 317

R1 RS 328 , R2 RS 331 , R3 RS 33.40

STAY SHORT AT RESISTENCE.

U.S. gasoline purchases last week rose from the previous week by

1.7 percent, MasterCard Inc. said in its SpendingPulse report.

That is still down 0.3 percent from the same period a year ago.