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Tuesday, July 22, 2014

22-7-2014 - GEOMETRIC



            GEOMETRIC has given a close at 159.90. This stock has given a clear breakout today. And as we always mention, all the breakouts are worth taking a chance to trade. one can initiate
a long position in this stock at current level and accumulate on every dip till 152. Since this stock is trading at multiyear high levels, target prediction is senseless, still one can watch for the levels like 170 and 180 kind of levels. A closing basis Stop Loss must be maintained at 145.



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