The counter after posting a swing low around 293 levels started steady recovery. It witnessed a gap up opening opening around 305 levels and continued its northward journey to kiss its 200 DMA. At times bulls managed to close the counter above its 200 DMA but could hold it above the same. Again today the counter got resisted at its 200 DMA. With other technical indicators turning bearish it seems that the counter may trade with negative bias in sessions ahead. Sell 317.7 SL 324 TGT 307-303.
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