The stock looks good on weekly chart to go long. Keep it on radar for any reversal confirmation. 755-740 is a good support area. Possible targets 820/895/950.
Reason: 1. Hammer candlestick formation at the bottom of a downtrend. 2. Hidden bullish divergence wrt RSI. 3. Favorable risk reward as near support area.
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1st target done. Made high of 844 today.
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This stock has performed yet as per expectations but our weekly support line at 756 is still intact.
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