“The stock has seen strong buying at 565 level and made a high of Rs 743 on 10 March 2023. At present it is consolidating its previous gains. On the daily chart the momentum indicator viz RSI is trading flat, however the stock is showing higher Relative strength. Hence one can hold at CMP = Rs 630 with a stop loss of Rs 560 for target of Rs 740-780 levels in a couple of weeks,” said Mileen Vasudeo, Senior Technical Analyst, Arihant Capital Markets.
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