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Sunday, September 12, 2010

WEEKLY CHARTS PICK -- "RELIANCE INDUSTRIES & GMR INFRA "


RELIANCE INDUSTRIES IS PLAYING AT AN VERY IMPORTANT LEVEL OF 958 & AS SHOWN ABOVE IN CHARTS STOCK IS HOVERING ARND ITS 20 DMA ..AN SUCCESFULL CLOSE ABV THIS CHANEEL WILL LEAD TO AS FANTASTIC RALLY WITH AN 1ST TGT OF 998 ATLEAST.

GMR INFRA


Gmr Infrastructure is in a triangle pattern in weekly chart & Stock is approaching the apex of the pattern. So the pattern may give a breakout soon. One can keep the stock in watch list for future trading opportunities. Enter towards the side of the breakout with a small stop loss for an tgt of 76 .

Cmp-59.1
Posted by krunal shah at 10:46 PM
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