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Alpha India Late Economic - Late Economic Sector Ranking: Metals

Orpheus Capitals, Aug 2011, Pages: 6


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Late Economic sector ranking: Metals Today's issue of Alpha India carries the Jiseki ranking of the BSE Metals components. The best performer metal stock remains Jindal Steel, followed by Sesa Goa and Sterlite. The worst performers are NMDC (updated on slide 2), Coal India, Hindustan Zinc and Hindalco (updated on slide 3). The market bias is neutral for the day as NIFTY continues to hold previous fourth resistances at 5,200 levels. Sub respective resistances both preferred (positive – completed correction down) and alternate (negative – ongoing impulse down) views remain valid (updated on slide 4). Enjoy the latest Alpha India.



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