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Alpha India Indices – BSEOIL Case

Orpheus Capitals, Feb 2011, Pages: 8


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BSEOIL Daily.

Prices make a potential inverted Head and Shoulders reversal formation. Neckline levels and previous fourth resistances lie at 9,600. The non-confirming daily RSI momentum confirms our view. We need a break above 9,600 for a positive confirmation till 10,000.



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