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Sunday, October 17, 2010

Indraprastha Gas Rises after Morning Star


Indraprastha Gas stock on NSE has risen after the morning star formation in early October 2010 as predicted.

Even though the market shows a minor correction on End of Week 15-Oct, and might fall further for a short while, I believe the market will rise again and I'll remain in a long position, and that the market will try and regain its closeness to the original line of support. 

Chart Source: www.moneycontrol.com

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