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Viewing report
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Alpha India ME – Long update
Orpheus Capitals, Jan 2011, Pages: 3
PUNJ LLOYD. Weekly RSI momentum is overreactive and touches 40 supports. A turn from here would further confirm our positive view on the stock.
NTPC. Prices seem to be completing a second corrective wave down near 0.618 key Fibonacci supports. A break above minor trend channel resistances at 190 levels would give us further positive confirmation.
SUZLON. RSI momentum suggests further upside. A break above mid channel resistances near 50 levels would be a positive price confirmation.
RELIANCE INFRA. The minor structure looks like a completing impulsive C wave down. Immediate supports lie at 700 levels. RSI momentum’s non-confirmation also suggests weakness in the downmove.
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