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Buy Federal Bank for the target prices of Rs 550.50/555.50/Higher with a stop loss of Rs 535.5: ICICIDirect

Source : SIFY
Last Updated: Fri, Dec 28, 2012 04:35 hrs

We said, "Strength above White line could open next rally ... Failure would bring back caution." Index failed to strengthen above the White line. Reacting 202 pts intra-day, it closed 94 pts or 0.4% lower. All sectors finished flat to negative. Small-cap Index was the major loser, down 0.7%, due to which, A/D ratio turned negative 1:2.

ICICI direct.com


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  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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