LKP Spade, Weekly Pick - Buy Sterlite Technologies Limited For Target Rs. 320 - LKP Securities
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* Stock has given symmetrical triangle pattern breakout on daily chart which is consider to be bullish continuation pattern by nature.
* Strong volume has been witnessed at the time of breakouts.
* Momentum indicator MACD has shown bullish crossover which is also positive.
Buy Sterlite Technologies Limited - BUY @ 298-300 TGT 320 Stop Loss Below Rs. 284 CB Duration 1 Week
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