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Thursday, August 27, 2009

CLOSING COMMENTARY FOR AUG 27 THURSDAY 10.30 PM IST



Crude prices dropped from its strong res of 3500.

Prices unable to sustain above the res levels. Below

3500 prices looks weak. Prices need to cut and close

above the strong res of 3520 levels to have a positive

note.On weekly basis looks weak till 3400 and a

close below that could be more negative.

wait for confirmation

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