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Viewing report
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Alpha India ME - Crompton Preferred and Alternate
Orpheus Capitals, July 2011, Pages: 5
Crompton preferred and alternate
Crompton remains one of the best performers of the Indian Mid Economic sector. The price structure is heading to previous minor lows at 235 levels. The preferred view expects a bounce from 235-230 supports and looks at a potential expanding corrective (B) wave with another leg up till 300-315 resistances. A break sub respective supports, however, would strengthen the alternate view, which suggests the beginning of an intermediate impulse down in a C wave.
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