All technical parameters indicate Bullish Trend hence 202 looks possible
but in wake of RBI Gov address regarding -ve GDP growth :- expecting selling pressure build up on 26 May
Investors may continue to hold as Cig factories are now open and Cig business contributes more than 50% of total profit generated
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Please see it on multi level time frame from 5 min to 1D (5 min best suited) to analyse small momentum in this stock.
It is bouncing back from 165 support level and after a weak resistance at 167 likely to reach 170 in short time. Expecting a strong resistance at 185 based on recent history.
Target 195 in 02 WEEKS +/- 3 days (Provided no further negative...