HEMRAJ : A retracement to 1.7 or so is expected.

Popular amongst punters for a while now, we forecast a pullback to 1.7 at best, and possibly to nearer 1.5 will be seen during Q4, and like a good many other stocks we would sell if currently long. A weekly close below 2.04-2.05 will be the bearish sign that the fall will hasten in pace.

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