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Alpha India LE – Hindalco. Completing minor impulse up

Mukul Pal · October 29, 2010


HINDALCO DAILY Prices are still completing the minor impulse up. Rieki pushed higher along with the price structure. The LOSO signal on Hindalco is still running positive. We need a break sub previous supports at psychological 200 for a negative price confirmation.
New Format: Our CHANNELS.INDIA report has a new format which integrates the single asset (long only, short only signals) LOSO, pair strategies with performance cycles (Rieki), Elliott and technical analysis on the major Indian indices. LOSO is a trending system and will not give reversal signals without price confirmation while RIEKI is an anticipatory system that can warn of impending turns and reversals.
CHANNELS.INDIA is our second perspective product published on MONDAY, WEDNESDAY and FRIDAY. The report uses conventional technical tools and covers most top traded stocks. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.INDIA, CHANNELS.INDIA are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers the other mid cap and small cap stocks also.
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