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Short

Cairn India Ltd up trend journey to reverse in near term

NSE:CAIRN   None
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1
Cairn India Ltd. trading in its up trend for long term and forming a rising wedge pattern, after hitting the wedge resistance last week it seems to go in reverse direction with a target to its wedge support at around 122.00 ,traders may enter short in this stock with a slight upward when it hits the resistance again and breakout doesn't occurs.

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