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Religare Ent - Debt free news

NSE:RELIGARE   RELIGARE ENTERPRIS
There is news of Religare Ent becoming completely debt free while foraying into several new segments.. In the past this company has been in the news for all the wrong reasons..

Technically there is a nice +ive RSI divergence which coincides with the news and the stock seems to be forming a nice base..
Long above 134 which is the 200EMA crossover with a stoploss below 121.

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