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Old 08-07-2008, 10:44 PM
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Join Date: May 2008
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Golden Agri

The stock has seen unwinding in the last few trading sessions and has broken below the crucial level of 200 DMA which was at 0.93. The stock has the following key levels -

Resistance 1 - 0.82
Resistance 2 - 0.86
Resistance 3 - 0.93 ( 30 DMA and 200 DMA )

Support 1 - 0.76
Support 2 - 0.70

If the stock closes below 0.70, then it may see a sharp decline. The stock is currently in a downtrend.
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