Sunday, December 20, 2009

Alembic - Take this pill for sweet profits.....

A chart which is showing many reasons to buy it here.
1) Higher Bottom reversal
2) MACD crossing to positive zone
3) RSI - Turning positive
4) Stochastics - Oversold & marching upwards.
5) Increased volumes
The stock is one which can be bought at current price - 46, SL- 43, T-56, RR - 1:3
Health sector is also current flavour of the markets.

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