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HP ADHESIVES LTD
Long

HPAL


  • Prices have cleared its previous all time high of 505.
  • Weekly RSI has also cleared its Overbought level of 65.
  • Volumes in the last rally have been high.
  • Stock was trading in a 200 point range till now (315-505), so range breakout target would be 700+
  • Bullish outlook remains intact as long as price is above 465.
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