Emkay Global has buy rating on this stock with a target of 8663. Trendlines show that recommendation is a risky proposition. People looking to buy should wait till trend line.
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Prices have bounced off the mid-line. Please avoid fresh longs. This is profit booking period. Break below any day's low might lead to a sell-off
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Many stops might have accumulated below 7740
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Interacting with the midline. Can go into a trading range. 7080-8210