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Thursday, March 6, 2014

LICHSGFIN



            LICHSGFIN is in an uptrend since past one month. Today it has closed at 216.80, exactly at the resistance of upper band of a triangle. ( Please see the chart below for better understanding ). It just touched the line and closed just below that. So tomorrow if it trades and sustains above
today’s high, i.e. 219.25, we can go long in this stock. One can set the targets like 226 and 230. And a strict Stop Loss must be maintained at 210.



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