This stock is trading with steady volumes on the bourses in all time frames for last 18 months. It shows positive divergence on oscillators. The 52W H/L is INR 586.35 / 412.20. It has now entered the demand zone in all major time frames. It is trying to build the support at current levels in the past 4 trading sessions. LTP on NSE on 09/Feb/2024 was INR 482/- (with a high of INR 484/-) Although it has entered the demand zone in all time frames, still conservatively I will buy even at a dip to Rs.450/- Resultantly after all this discussion, I believe that the target price should be INR 620-650. Stop Loss should be INR 412 Risk to Reward will be 1:5 The time horizon should be 6-9 months
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