THE COUNTER WAS TRADING IN A RANGE OF 317 TO 336 DURING RECENT PAST AND WAS FAILING TO GIVE CLOSE ABOVE 330 LEVELS. TODAY THE COUNTER MOVED OUT OF THE RANGE AND GAVE A VERY FIRM CLOSE NEAR ITS UPPER RANGE. THE MOVE WAS BACKED BY THE DECENT VOLUMES. WITH OTHER INDICATORS TOO LOOKING QUITE BULLISH WE ARE OF THE OPINION THAT THE COUNTER MAY SHOW INTRADAY STRENGTH IN COMING SESSIONS. RECOMMEND BUY AROUND 336 WITH CLOSING SL OF 330 TGT 347-350.
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