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Indo Borax managed to remain above short term ½ angle signifying bullish trend. In two days it may touch 696.30 if feasible. If it then can remain above 696-700 on closing basis, the stock will be able to cross long term 1/1 ascending angle and then the big leap can be seen.
If it manages to close above 589, intermediate term target is 689
Indo Borax: As can be seen from the chart, long term and short term supports are working well for the scrip. Immediate target is 671. If it is crossed, next target is 1070 with intermediate minor resistance between 900-950
Short term support is at 549. Immediate minor resistance is at 615, if crosses, then short/ intermediate term target will be 670
Indo Borax consolidating but hold above ¼ angle nicely. Support 630, target 1000
Support is at 630 and target is 960 where it will meet 1/2 ascending angle.
Support 620, target 960
Stop loss 616, target 916.
Stop loss 665, target 965.