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The scrip was one of the stronger performers last week, gaining 4.1 per cent. The faint signs of reversal that were visible last week have now been reinforced by buy signals in the weekly indicators chart. The long-term uptrend will be threatened only on a weekly close below Rs 446.

But risk-averse investors can wait for a close above Rs 490 before buying this stock.

The more aggressive traders can buy with a stop at Rs 455.

Short-term targets are Rs 501 and then Rs 515.

Lokeshwarri S. K.

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