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Thursday, November 1, 2007

Market talk :Bharath Kumar of Global Financial Markets

Bharath Kumar of Global Financial Markets said that for gold, one could buy MCX December at Rs 10,030/10 gm, with a target of Rs 10,132-10,180/10 gm. Nymex December crude is a buy till it stays above .20/bbl, with an immediate target of /bbl, but I would be cautious on it since it looks overbought.

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