This Auto Ancillary stock has been under consolidation for a while. But technical indicators shows strength for a run. Further, it has been taking support at the 200 DEMA. One can buy at Rs. 61.45 with a target of Rs. 65.80 and closing above could run to Rs. 67.80. Keep Stop Loss of Rs. 58.69.
Trade closed: target reached
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Target 1 Achieve - 65.50. Once sustained above 65.80 on closing basis can move upto 67.80. Trail the stop loss of book profit.