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ZEEL – Stock outperformed well with good volumes and closed near to days high and it also closed above the 200 EMA on the hourly chart. We recommend buying from the current level for the target of 465 with the stop loss of 450.TATACHEM – Stock formed flag pattern on the daily chart and The RSI is indicating upside on the daily chart. It also has a strong support on the hourly chart. We recommend buying around 690 level for the target of 700 with the stop loss of 680.
#RBLBANK – Stock is consolidating for one week with average volumes and it is also taking the support of 200 EMA on the daily chart. We expect it should break the consolidation phase in the upcoming trading session. We recommend buying from the current level for the target of 565 with the stop loss of 550.
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Posted in: Indian Market Tips
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