Stock of the day : Buy KRBL Ltd For Target Rs. 415 - Religare Broking Ltd
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KRBL Ltd.
* KRBL has been witnessing a gradual recovery after spending nearly three years in a consolidation phase.
* It has retested the neckline area of the consolidation range of late and is now seeing recovery with a noticeable surge in volumes.
* The price pattern combined with reading from the oscillators is pointing towards a steady rise. We thus recommend creating long positions in the mentioned zone.
Buy KRBL Ltd CMP 376; Range 376-378; SL 355; Target 415
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