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Friday, July 16, 2010

All is well with ALLAHABAD BANK


Stock seems extremly bullish. Volume is in sync with price movement. MACD is above zero. Besides there other indicator that suggest it a good buy.


Two consecutive Doji formed on 14th and 15th July at a resistence area but that indecision is over come with a following green candle that too with high volume. Its a good buy for upcoming week.



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