Target Price: Rs 1,150
Stop Loss: Rs 1,030
At the beginning of September, we witnessed a major breakout in the stock near the 1,100 mark and then it rallied towards 1250. At this juncture, the counter has retested the breakout zone and risk-reward looks lucrative for going long.
(Mehul Kothari, AVP – Technical Research, Anand Rathi)
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