Bank of Baroda and Hindalco – Watchout for bottom fishing- - Technical view by Nooresh

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RAJESH DESAI

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May 15, 2012, 11:49:44 PM5/15/12
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Technical view by Nooresh

http://www.nooreshtech.co.in

  1. Bank of Baroda and Hindalco – Watchout for bottom fishing - 2012-05-15 14:30:20-04

     

    BankofBaroda thumb Bank of Baroda and Hindalco – Watchout for bottom fishing

     

    Bank of Baroda — One can look to slowly accumulate.

     

    hindalco thumb Bank of Baroda and Hindalco – Watchout for bottom fishing

     

    Hindalco … A good trade would be above 121 in momentum.

     

    On the index continue to look for 4800 as a review point and 55 USD-INR. Sentiments are terrible, pessimism is at peak. Good setup for a rally in June.

     

     

    Happy Investing,

     

    Nooresh

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