CMP 30.95 BSE 17830
- Last couple of trading sessions, the Scrip has been closing above a key resistance of 29.95.
- A few more such decisive closes above 29.95 would mean that the Stock is ripe for the next upmove.
- This upmove could quickly take it to 34 approx where it faces another strong resistance. A decisive breakout above 34 odd would see it move quickly to around 40 levels.
- Long term investors should note that there is a lot of trading froth in the Scrip currently so long term money will have to bear with the volatility and keep the faith in case of sharp downs.
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