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Sunday, November 02, 2014

WHIRLPOOL OF INDIA 2-11-2014

SHORT TERM
WHIRLPOOL OF INDIA  CMP RS. 492.65

This stock has made three weeks tight pattern and high-tight flag. Vibration channel giving a buy signal.
Trading above rising 50.100 and 200 dma's. It is under accumulation and outperforming the nifty.
Most of the directional,momentum volatility and volume based indicators are in buy mode.

CONCLUSION: I PREFER TO BUY AT THIS LEVEL AND KEEP AN INITIAL STOP LOSS AT RS. 442 AND BOOK PROFIT AT A TARGET RS. 850




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