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Stop Loss: Rs 265
The stock has given a breakout with above-average volumes which supports the bullish view. Momentum oscillator RSI (14) is near 69 on the daily time frame and the supertrend indicator (8, 2) is indicating a continuation of the bullish trend.
(Rohan Patil, Research Head, 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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