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Sunday, August 31, 2014

31-8-2014 - VMART



                VMART is in a strong uptrend and has given a close at 457. Recently, past 4 days, it is going up and still has a great potential to achieve new upper targets. Every small intra-day dip in this stock has to be bought into. It has given a nice breakout, which can be seen in the chart given below. As we
have a policy to take every chance to trade the breakout, one can initiate a long position in this stock for the targets of 485 and 505. A strict closing basis Stop Loss must be maintained at 423 on closing basis.



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