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Friday, October 29, 2010

Cera Sanitaryware Ends Week with 50% Fibonacci Level Support


Cera Sanitaryware stock price on NSE has ended the week sideways.  The stock has taken support of the 50% Fibonacci level today.  We had discussed about this stock continuously taking Fibonacci support in yesterday's post.

The market seems to be very confused about where Cera will head next.  It seems definitely set to fall further on Monday 1st November 2010.

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