Wednesday, October 13, 2010

MRPL

This stock has formed this symetric triangle formation on a very long horizon and seems to take an upward move now,So once the stcock start trading above 84-85 one should take a long position for a target of 95 on short term and 107-110 on a bit longer term prospective of around 1-2 months with a stop loss of  77-78 on closing basis.

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