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Friday, 25 January 2013

HDIL

A long positional call can be made in HDIL @ 72. Suppose you want to buy 100 shares of HDIL then buy only 50 right now and if HDIL does not hold this support (i.e.72) then it will find its next support at 60-62 levels, and then again buy the rest 50 shares at 60-62 levels. Its a POSITIONAL LONG CALL.
Targets are 144 which is a Fibonacci numeber ( a magical number).

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