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Cutting [Stock]: Yucky Move

We’d just about bought Sintex and we’re getting out of it in a hurry. At 69.35 it hasn’t actually hit our stop, but we’re out because it looks just terrible on the charts. The fundamentals are great - don’t get us wrong. The company just had another stellar quarter and it’s a sub 10 P/E. But the price action just sucks. We were in at 81, but are out at about Rs. 69.35 . . .

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