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Mid Economic Worst Performers: BHEL and Punj Lloyd

Orpheus Capitals, May 2011, Pages: 5


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Mid Economic worst performers: BHEL and Punj Lloyd

Today’s Alpha India report carries technical cases on two of the worst performers of the Indian Mid Economic sector, BHEL and Punj Lloyd. Both of the stocks have bottoming intermediate structures and should outperform in the next weeks. BHEL Daily Prices retested previous minor lows at 1,900 levels. The structure looks like a completed W-X-Y-X-Z complex correction down.



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