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Friday, July 9, 2010

DLF Breakout


DLF has crossed it 50 day EMA with significant volume. It had a strog resistence at 292 and it was tested throught a week (21st -28th June). On candlestick chart it has formed a big green candle (extremely bullish) today. So we can expect an short terma upward movement with target of 310.

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