Saturday, August 26, 2006

BOMBAY DYEING


BOMBAY DYEING after having done with its recent spurt has calmed down a bit,Ironically chart looks like making a head and shoulder left shoulder done, head done ,right shoulder rise done,right shoulder fall happening now we hv three chances either it bounces from current level or bounces from redline else plops ones crosses redline.So to safe gaurd your long positions keep a stop loss on red line that is around 625-30 range.
cheers
rish

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