The counter seems to have developed a Symmetrical Triangle Pattern on a daily chart with upside break out. During recent past it found support around 259 levels and commenced its northward journey. The counter gained its short term moving averages and most importantly managed to close above its 200 DMA. With other technical indicators looking quite bullish it seems that the counter may continue its northward journey in sessions ahead. Traders can bet on the counter 287.45 SL 276 (CLS) TGT 305-311.
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