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Tuesday, January 12, 2010

ALOK INDUSTRIES - BUY CMP 25

Alok Industries is showing a breakout of a continuation pattern i.e. a Symmetrical Triangle.
The breakout has happened on 30.12.2009 with heavy volumes, but prices have not risen
significantly, therefore, giving investors an opportunity to enter the stock even at current levels.


Stop Loss : Rs. 24
Target : Rs. 40
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