Bullish parallel channel breakout.

With budget around the corner and these guys having a presence in namami gange and river linking projects. this scrip may be looked into.

Buy at CMP 520 for a target of 615 which is approx 20% return in a period of 30-35 days.
Stop Loss shall be maintained at daily closing levels below 502.
Trade active: Deepen your SL to 470 and continue. Every possibility of a retracement once the market supports, which will support post budget. No need to panic in this scrip.
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