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Short IOB, says Vishal Kshatriya

Published on Tue, Sep 13, 2011 at 08:46 |  Source : CNBC-TV18

Updated at Tue, Sep 13, 2011 at 14:40  

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Vishal Kshatriya, Sr Derivative and Technical Analyst , Edelweiss

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Short IOB , says Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss.

Kshatriya told CNBC-TV18, "IOB has broken its 1 month old trendline support along with good volumes. Besides this short term oscillators continue to trade with a negative bias. Traders can go short in the range of Rs 103-104 for target of Rs 98 with a stoploss above Rs 107.50."

  

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