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Viewing report
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Alpha India Mid Economic - PUNJ LLOYD and L&T
Orpheus Capitals, Aug 2011, Pages: 5
PUNJ LLOYD Jiseki cycles
PUNJ LLOYD is one of the worst performer Indian stocks. As you can see on the chart below, the Jiseki cycles are still bottoming sub 10% rankings, suggesting a potential positive reversal soon. The price structure also looks like a potential double bottom reversal (slide 2). As long as previous lows near 55 levels hold, we remain positive on the stock.
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