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The uptend is intact

218
DLF CMP 716

There are a host of stocks that I posted two months back that have rallied strongly. Will post a few stocks that are still a buy. This can be looked at for trading and investing.

Fibs- the correction to 38.2% from a higher swing is indicating strength.

RSI- that the oscillator is in the bull zone on both monthly and weekly is telling me the longer term trend is intact.

Composite - The oscillator has touched its maximum spread on this correction. This is an indication that bottom is in place.

Conclusion- First tgt is 830 and to me above that the stock will touch new highs.

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