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Monday, January 18, 2010

IMP Powers - Buy CMP 136.25

 


IMP Powers has given a strong breakout of ascending triangle continuation pattern.
Volumes have increased significantly from 12K shares to 81 K shares on breakout.
MACD cand Stochastics are showing positive crossovers on daily charts.
RSI is indicating neutral position.

SL : 131
Target : 170
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