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Friday, November 20, 2009

CLOSING COMMENTARY FOR NOV 20 FRIDAY

Crudeoil prices came down and now trading around the very

strong sup of 3600 levels. Medium term trend seems negative.

A break below 3590 with close could have more downside for

prices..Any strong buying from these levesl could take prices

again till 3700 levels.

Wait for confirmation .

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