Break out - long term idea in NIITLTD - BUY

NIITLTD has gapped up on 8th april from the level of 96 to the level of 102 following immediate test of support of 102 level on 22 april. Buying in this stock at current level is recommended. immediate resistance is at 116-120 after that stock has very good upside potential.
Immediate targets could be - 140, 155, 175. long term target is 212.
Recommended call - BUY
stoploss - 96


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