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Alpha India LE - SAIL and STERLITE

Orpheus Capitals, July 2011, Pages: 5


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SAIL 60MIN

Prices are forming a potential double bottom reversal pattern. The final subminor leg down looks like an impulse which should complete near previous lows at 129.5 levels. A bounce from respective supports would confirm further positivity, while we need a break above neckline resistances at 143 levels to validate the double bottom pattern.



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