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A good quality stock is at long term corrected level, 38.2 fibonacci level at 703. Poised to reverse from here? Next Q result is vital.
Its definitely a buy, with the channel bottom as a stop loss.
Ideally on 26th-may it should have continued heading up and up., Not sure, whether, the News on No-Objection-Certificate requirement for HomeLoan could have dragged down on last friday., but wondering to see it tested the fibonacci 50% retracement at 2670 and returned. So, there could be a ...