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Alpha India Mid Economic - The PUNJ LLOYD Case

Orpheus Capitals, Nov 2011, Pages: 5


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The PUNJ LLOYD case

Today’s Alpha India report carries technical and cycle cases on one of the worst performer Indian Mid Economic stocks, PUNJ LLOYD. The stock is forming a potential double bottom reversal pattern, confirmed by the bottoming cycle case. The market bias is negative for the day, as NIFTY is pushing lower to fill the open gap. Key supports to watch lie at 5,200 levels.



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