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Singer india

Discussion in 'Technical Analysis' started by samratsantosh7, Dec 30, 2012.

  1. samratsantosh7

    samratsantosh7 New Member

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    Dear Sir,

    could you explain why do you feel SINGER INDIA will come down to 86rs ,a picture with explanatory will be helpfull for me to understand,and also i would be glad if you could send me one to samratsantosh7@gmail.com
     
    samratsantosh7, Dec 30, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Looking at the 3 months chart, you will see the low of the stock is 86 in Oct 2012 and that is the support levels and as the current intermediate trend has reversed it should retest the major support levels and so it would touch 86.
     
    shabbir, Dec 30, 2012
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