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Stock Recommendation CapitalHeight’s
stock recommendation for 17/08/2011 is Reliance Power. Power
Reliance Power Future has been in downtrend from past few months and stock is continuously making lower top and lower bottoms signifying downtrend in long term as well. The stock today has shown strong bearish closing on the daily chart & ended down at 85.90, marking a low of 84.6 84.65. The stock is now heading towards the level of 76-75. Our recommendation on Reliance Power Future is Sell below 85.5 for TG G of 84.5 & 83.
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