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Tuesday 7 April 2015

60 MIN. CHART OF SUVEN LIFESCIENCE.

INTRADAY CALL FOR WEDNESDAY(8-04-2015).

Shown above is the 60 minutes chart of Suven Lifesiences. As we can see that the stock has given a breakout in today's trading session. The stock has given a triple top breakout and also a trend line breakout marked as '2'. The moving averages are also supporting the trend. The stock has also given a breakout of a triangle in 5 minutes chart and has rested on the upper band of the triangle. Therefore, I am expecting the stock to gear for levels of 327-330. It would be safer to buy the stock above 319 and maintain a stop loss below 310.

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