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Volume of trade of V-guard was too high yester day in both exchanges. Technical Analyst Sudarshan Sukhani has taken position in V-guard. He has recommended to buy this Stocks which has made lifetime highs, made 52-week high. That tells us that there is much more headroom because there is nothing there, it is now in uncharted territory. For V-Guard a tight stoploss would be Rs 78 for a day trader and an initial target of Rs 85. A positional trader should wait patiently because corrections will come and there will be swings either side but it is an investment buy. II qtr result will boost the share price further. Now, operators will enter the script`s trade and new high may be seen in near future
1.05 PM Oct 22nd 2009  | Track

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India gold demand returns as prices ease. Will gold prices correct further?
Yes
No

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