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Tuesday, November 26, 2013

UCO Bank, a nice opportunity for short sell !

UCO Bank, closed at 72.60. One can open a short position on the breach of 72.25 level. close below
70.70, might take it to 67 & probably further down but one should book partial profits on every down levels i.e. 70 & 67. A strict Stop Loss must be kept at 75.75 on a closing basis.

UCO Bank chart for easy reference :


Happy trading !


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