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Tuesday, November 04, 2014

INDOCO REMEDIES BASED ON DATA TILL 3-11-2014


INDOCO REMEDIES CMP RS. 310.50
SHORT TERM

The stock is traded at new high and broken out of the range now. The stock is in  accumulation and is outperforming nifty. Most of the indicators are in buy zone.

CONCLUSION: I PREFER TO BUY AT THIS LEVEL AFTER KEEPING AN INITIAL STOP LOSS AT RS.262 AND BOOK PROFIT OR EXIT WHEN STOCK GOES BELOW FOUR DAYS LOW.
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