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Alpha India LE - Long Idea: Reliance Infrastructure

Orpheus Capitals, April 2011, Pages: 4


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We have a positive crossover on the daily Jiseki (first chart), which suggests further minor positivity ahead. Although the larger grey cycle is still down, it is heading to low rankings (near 20%) and could turn soon. The weekly Jiseki cycles (second chart) are still down, but look over reactive (the cycles have broken previous lows, while prices have not) and are in our favor.



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