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The scrip has made an evening star pattern on the weekly chart, which is a sign of weakness for the medium term.

However, we need confirmation from the price action this week before this view is reinforced.

The price is consolidating in a range between Rs 890 and Rs 840.We retain our positive outlook, as the price appears to have traced a flat a-b-c flat pattern last week.

A rally past the Rs 900 level will take the stock to the zone between Rs 933 and Rs 941. A fall below Rs 840 will drag the price to Rs 813.

Lokeshwarri S. K.

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