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Phillips Carbon Black Positional Long

Long
NSE:PHILIPCARB   PHILLIPS CARBON BL
On weekly chart, we can see the stock very much in the uptrend since over a year. On daily chart , the stock seems to to be taking a support at previous month's highs at 219-220. The stock is enjoying an RSI of 61.55 which is yet again a healthy level for entry.

Recommended profit booking for short term is around 240-250 levels however long term holding looks up to 300 price levels.

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