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The chart has made a double bottom at Rs 652 on the daily charts.

But a short-term uptrend has not been conclusively established as the price is struggling to get past the Rs 736 level mentioned last week.

A rally beyond Rs 755 is required to make the short-term outlook positive again.

The price can slip back to Rs. 652 if the price does not manage to go past Rs 755 this week.

Lokeshwarri S.K.

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