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Thursday, November 17, 2011

[informed-investor] Technical Charts:Idea,M&M and HDIL

Idea is in an uptrending market and spiked up on news of addition to MCI index.

Support is at 95 lower end of trendline and resistance at 103..

Basically trading range between 95-103.Yesterday formed an Inside day candlestick pattern which signify big move ahead in IDEA

Buy above 100 TGt ,,


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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/

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