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Target Price: Rs 180
Stop Loss: Rs 155
Stop Loss: Rs 155
The stock has been rising continuously in an upward channel and trading above the upper Bollinger Band with humongous volumes, indicating a bullish set-up in the counter. Moreover, a momentum indicator RSI (14) is also trading above 70 levels, which suggests a bullish move for the near term.
(Analyst: Vishal Wagh, Bonanza Portfolio)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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