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Old 27-05-2008, 10:17 PM
abhinav2492 abhinav2492 is offline
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Technical Analysis

Open The Attachment Below And Study The Note..

Note -
The Yellow Line Is The 20 Day Moving Average (dma). Whenever The Stock Price Dips Below The 20 Day Moving Average , Some Buying Is Seen Which Brings It Back Above The 20 Dma. This Shows That The 20 Dma Acts As A Good Support To The Stock. Since The Stock Is Trading Below Its 20 Dma , Some Buying Can Be Done With A Stop Loss Of 30.50
Attached Thumbnails
technical-analysis-2008may-jmh-400us-640x380.png  
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