Tech Stars: Buy Grasim Industries Ltd For Target Rs. 2020 - Religare Broking
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TECHNICAL RATIONALE
We’re seeing noticeable traction in the cement space and Grasim is among the top performer. After the breakout from the triangle pattern, it has taken a breather around the upper band and looks set for a surge again. We advise creating fresh longs in the given range.
Buy Grasim Industries Ltd CMP: 1815.30, Initiation Range: 1810-1820, Stop Loss: 1700, Target: 2020
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