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Lokeshwarri S.K.

The stock moved between Rs 1,150 and Rs 1,250 in what looks like a positive consolidation phase last week.

The volumes were thin as in the rest of the pivotals.

The target of the C wave from the low of Rs 930 falls at Rs 1,215 and then Rs 1,330.

As the first target has already been achieved, the price can now head for the Rs 1,300-1,330 band.

Supports exist at Rs 1,150 and then Rs 1,008. Buy on dips with a stop-loss at Rs 1,130.

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