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  • #12666
    M Prem Rajan
    Participant
    Rank: Level 4

    The price pattern has formed a higher bottom and broken the previous high with good volume forming a higher top. As per Dow theory, the stock is bullish and we can enter the trade at 426 levels with a stop loss of 377, which is the previous significant low. The target is set to 496.The stock had reached the entry levels on 19-Oct-2015.

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