- Stock is making 52 week High of 473.90 (20th Dec. 2012) & 52 week Low of 181.55 (2nd Aug. 2013)
- stock is consolidating from last 6 months and momentum has picked up.
- Also channel line resistance breakout and its also testing breakout levels suggest bullish strength in this counter.
- Stock is facing resistance at 280 levels which is its 200 days EMA.
Strategy:- Buy & accumulate between 250-258 possible target 280-293 Stop below 244 on closing basis.
Yagnesh Patel
Research Analyst
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