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04-05-2023 11:09 AM | Source: Religare Broking Ltd
Tech Stars : Aditya Birla Capital Limited and NTPC Limited By Religare Broking
News By Tags | #4265 #115 #5695 #3050

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Aditya Birla Capital Limited

TECHNICAL RATIONALE

AB Capital has formed a higher base after breakout from a broader consolidation range. The recent price action combined with uptick in volumes indicates the possibility of a breakout soon. We thus recommend creating fresh longs in the mentioned zone.

Buy Aditya Birla Capital Limited CMP 154.00; Initiation Range 153-155; Stop Loss 146; Target 170

 

NTPC Limited

TECHNICAL RATIONALE

AB Capital has formed a higher base after breakout from a broader consolidation range. The recent price action combined with uptick in volumes indicates the possibility of a breakout soon. We thus recommend creating fresh longs in the mentioned zone

Buy NTPC Limited CMP 176.80; Initiation Range 176-178; Stop Loss 173; Target 185

 

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