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| Discuss Suzlon Corrective rise is due! at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; - Its is trending down nicely. - Confirmed by 50 EMA(blueLine) downwards! - Buying spike ... |
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#1
8th July 2008, 03:44 PM
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Suzlon Corrective rise is due!
 - Its is trending down nicely. - Confirmed by 50 EMA(blueLine) downwards! - Buying spike at bottom is shown! It will not fall further and a pull back to upper channel line of downward trend or 50 EMA is due in coming weeks! - Target 230 - 240 medium term, but since overall trend is down, Shorts will be high probability trade rather than buying! 
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