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Alpha India Early Economic - Auto Top Performers

Orpheus Capitals, Oct 2011, Pages: 5


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Auto top performers

Today’s report carries technical and cycle cases on two of the best performer Indian Auto stocks, BAJAJ AUTO and EICHER MOTORS. Both stocks are ranked above 90% extreme rankings and are top potential shorts for the weeks ahead. The minor market view remains negative. Sub the anticipated current resistances at 5,200 levels Orpheus Capital continues to expect a pending impulsive c circle wave down till 4,500-4,000 supports.

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