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Alpha India EE – The Short Portfolio Updated
Orpheus Capitals, Jan 2011, Pages: 4
Analyst Research Report Snapshot
The Short portfolio updated
We updated the short portfolio now that Nifty completed the second corrective wave up and pushed lower till minor trend channel supports. Sub respective supports we are looking lower till previous minor lows at 5,700 levels or even lower till key Fibonacci supports at 5,500. Rieki reached previous extremes and could reverse here, while the LOSO trending signal is negative and confirms our view. We added Tisco and Exide to our short portfolio. Infosys, Lupin and Tata Motors are running positive. The current report also carries the technical view on the Early Economic stocks from the portfolio.
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