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20 Jun 2008

Update Indian stock:Reliance and ACC

1. ACC has a strong resistance at Rs 660, and if the same is crossed then the stock will see a level of Rs 700-705 in short term.

2. Support for ACC exists at Rs 619.


3. Reliance Industries has an important support at Rs 2,125. it is a warning if Reliance breaks 2124, then the entire market will fall as fortune of indian market to a great extent is linked to reliance industries.

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