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Lokeshwarri S. K.

It was a flat week for the stock, with the price moving between Rs 830 and Rs 900. But the struggle to rise above Rs 880 is a trifle concerning. If this level is not surpassed early next week, we could see the price sliding to Rs 814 or Rs 795.

However, the momentum indicators on the weekly chart are giving fresh buy signals. We expect a reversal above Rs 830 to take the price upwards towards Rs 932 or Rs 995.

Hold your longs with a tight stop at Rs 830. Fresh buys can be initiated if the price bounces off Rs 830.

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