The counter witnessed a very sharp correction after kissing 38 levels. Post correction it seems that it has formed a very strong base around 22 mark during recent past. Last week it formed a very strong bullish candle on a weekly chart and managed to give close above 28.5 levels. MACD crossover above Zero with RSI above 60 too suggests a very strong momentum. Traders can bet on the counter applying SL of 22 for the short term TGT of 36-40.
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