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Friday, July 9, 2010

HDIL


Short-term Picks:- HDIL (Rs 246):- The stock is trading in an up channel for the last 6 weeks and currently it trades above short-term 13 and 26 Day Moving averages. Stock moving above Rs 253 would be a breakout and 5-7% rally after that can be seen. Buy Rs 244-246 for target Rs 263-266, keep stops below Rs 234.

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