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showing weakness

Discussion in 'Technical Analysis' started by csnatu, Aug 22, 2014.

  1. csnatu

    csnatu New Member

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    Hi freinds
    What are your views on IDEA? I think it is in downward trend.
     
  2. shabbir

    shabbir Administrator Staff Member

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    No pattern when in between 150 and 165. Cracking 150 is weakness and break out above 165 can be a strength.
     
  3. sriteg64

    sriteg64 New Member

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    hello Shabbir, while observing the chart of Idea, buy if above 176.5 and sl is165, pl clarify my doubt.
    Thanks
     
  4. shabbir

    shabbir Administrator Staff Member

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    Perfect levels and no doubts.