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Moneycontrol.com >> Message Board >> View Messages >> Shardul Sec
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could fall till 84 (3)   04-Jul-08 08:55Tracked by (0)  
Posted by:   jasavi on ( 04-Jul-08 08:55 )
Price : BSE: Rs 110.60 ( -4.98 % )
all shares have fallen to 70% of Jan lows . in this case 70% of 120 = 84 . however i feel it should see some stability by 95 ( 80%) lets see

IEC support 38/52- What's your view on below ?

if share falls today then it is most likely to break yesterdays support of 50 . if however it remains stable then stability will be maintained till aug 6th board meet after which it will rise dramatically .

another scenario is rapid shortcovering which will take it between 58 and 65 and it will remain there till aug 6th

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1 queries on Shardul Sec

sell now BUY below 40 ? - stock seems to be going nowhere . Is it advisable ...

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