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#INDOCO - Bullish RSI Divergence on Weekly Chart

BSE:INDOCO   INDOCO REMEDIES LTD.
INDOCO has demonstrated bullish RSI divergence on weekly chart. RSI is making higher highs while prices have remained range bound. 195-201 is good accumulation zone for initial target of 240. Once RSI closes above 50, then stock likely to see further upside.
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