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Monday, 8 July 2013

Rel Cap- long trade


Taken long trade in Rel Cap today because of the reasons mentioned in chart above i.e fractal pivot trend lines breakout. First relcap given breakout of horizontal trendline and today it has given a breakout of another fractal pivot trend line(fractal trend line1 in chart).
Long entry is at 369
Stop loss - 350 

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