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The uptrend continues unabated; the price moved past our first target of Rs 974 to hit a weekly high of Rs 982.

The short-term outlook is still positive and the price can move towards our next target of Rs 1,002 and then Rs 1,020. Traders can hold this stock with a stop at Rs 930.

Low volumes, however, belie the strength in this uptrend.

Weekly momentum is also showing signs of slowing down. Investors should wait for a correction before entering this stock.

Lokeshwarri S. K.

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