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Alpha India EE – Short Portfolio up 8%
Orpheus Capitals, Feb 2011, Pages: 4
Nifty is retesting key confluence supports near 5,400 levels. A break here would suggest further intermediate negativity till our anticipated target at previous intermediate supports at 4,800 levels. The short portfolio is up 8% since the beginning of the year. The current shorts are Sun, Mini Nifty, Bank of Baroda, HCL Tech, Nsebank and Orchid. BSE Healthcare, CNXIT and Nsebank remain top performers among the Indian sectors. The current Alpha India report carries the sector Jiseki rankings, the updated Technology Jiseki (slide 3) and a case on TCS, one of the top performers of the Technology sector and a potential good short opportunity.
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