Friday, June 13, 2008

UPDATES ON JUNE 13 FRIDAY

JUNE 13 FRIDAY


SHORT TERM TREND : BULLISH : TARGET RS 553

LONG TERM TTEND : BULLISH : TARGET RS 630


PREFER LONGS AT RS 546.50 TO 546

STOP LOSS RS 543

TARGET RS 550.60

The U.S Department of Energy said that

under ground supplies of natural gas was up

80 Billion cubic feet last week to 1.886

Trillion cubic feet , less than expected.

Supplies are now down 15 % from a

year ago and down 5% from the five

year average.

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