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Thursday, May 29, 2014

29-5-2014 - UBL



            UBL is in a trading range of 850 to 750. It has closed at 763.90. In this trading, it is indicating a small down turn. A clear indication is visible in the chart given below. One can initiate a
short position in this stock below 756, for the targets of 738 and 728 / 723. A strict closing basis Stop Loss must be maintained at 780.



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