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79032.73 -0.27%
71585.00 0%
989.75 1.82%
3130.80 2.28%
With 15 percent gains in the week gone by, the stock decisively surpassed its almost two-year "multiple resistance" of Rs 1,700 on a closing basis. The breakout was accompanied by huge volumes, which indicates increased participation. The stock is well placed above its 20, 50, 100, and 200-day SMAs, reconfirming the bullish sentiment. The daily and weekly "Bollinger band" buy signals indicate increased momentum. Investors should buy, hold, and accumulate this stock with an expected upside of Rs 2,100-2,250. Downside support is Rs 1,700-1,650.
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Price when posted : NSE: Rs. 1819.00
Will mcx again go to 1870 what will be the target for tomorrow.
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