UPDATES ON 29 MAY 2008

MAY 29 THURSDAY

SHORT TERM TREND : BULLISH ; TARGET RS 521

LONG TERM TREND ; BULLISH ; TARGET RS 538

S1 RS 511.60, S2 RS 509, S3 RS 506

R1 RS 516, R2 RS 519, R3 RS 521

PRICES ARE EXPECTED TO MOVE SIDEWAYS TO HIGHER.