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Jul 11, 2011, 08.36 AM IST
Sell Bhushan Steel around Rs 456, says Hemen Kapadia, chartpundit.com.
Kapadia told CNBC-TV18, "One can sell Bhushan Steel at around Rs 456 with a stop loss of Rs 460 and a target of Rs 448. The stock has reflected weakness in the near term at least on the intra day charts there has been negative divergence of the hourly MSCD indicating a further downside."
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