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Viewing report
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Alpha India EE – HCL Technologies
Orpheus Capitals, Jan 2011, Pages: 3
HCL Technologies is the top performer of the Technology sector . Weekly RSI momentum is overbought, while the daily RSI non-confirmation also suggests weakness in the upmove. A break sub previous supports and gap levels at 495 would give us further negative confirmation. The subminor structure looks like an ongoing impulse down. Key resistances for the corrective fourth wave up lie at 505-506 levels.
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