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Wednesday, May 14, 2014

14-5-2014 - IGL



            IGL has closed at 309.70, a 4.50 % up bar. This is a decisive bull bar with a break out today. As we always mention that all decisive breakouts are worth trading, even this stock has formed the same pattern. One can initiate a
long position in IGL above 313 for the targets of 323 and 332. A strict Stop Loss must be maintained at 299.



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