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Towards new high after rounding bottom
Stock after forming rounding bottom at around 90-100 levels, has now also broken the resistance of 395-400 levels. Now any retracement towards 400-395 levels, would a good buying opportunity and new high can be achieved in coming months. Also, it can considered for long term bet, as portfolio stock, as it has more institutional investors participation, with promoters as majority stake holders.
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