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Monday 31 December 2012
IDEA
Idea has given major horizontal breakout on daily, weekly and monthly charts and now sustaining at this range of 103-104 levels and may give further upside. The stock is trading above all the moving averages also and may trigger for the next leg of rally. Target price is 112-116-120 in coming weeks. Delivery volume is also rising suggesting strength. Advised to buy Jan Futures in the range of 102-104 for the above targets.
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IDEA
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