The counter is trying to form Ascending Traiangle pattern on a daily chart. Today it gave close above its minor hurdle placed around 92.5. Now the next major hurdle is 95 which if crossed on a closing basis + any weekly close above 95 happens then there is a higher probability that the counter can kiss 101-108 levels. We are bullish on the counter and recommend to enter at current levels with closing SL of Rs.89 for the TGTs of Rs.101-108.
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