Target Price: Rs 1020
Stop Loss: Rs 949
Stop Loss: Rs 949
The stock has given a consolidation pattern breakout on the daily chart, suggesting a rise in optimism. Additionally, the stock has moved above the critical moving average. The RSI is in a bullish crossover and rising. In the short term, the trend might remain positive with the potential to reach 1020.
(Rupak De, Senior Technical Analyst, LKP Securities)
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