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Foram_C
Apr 13, 2018 9:26 AM

DHFL-Short term buy at 549. Target of 565. Long

Description

Qualifies for a swing trade. Accumulation seen in the 520-545 zones. MACD is in continuing buy mode.The RSI, which never got oversold is marking higher bottoms and is seen breaking out from a formation. Bullish divergence is seen against the price. Stock likely to end above 200-DMA. Modest up move in coming days cannot be ruled out.
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