Buy Ltp : 805.60
Tech M, after improving substantially from alevel of Rs.608.10 to a high of Rs.950, has reactedto a level of Rs.805.60. At the current price ofRs.805.60, it is trading in 5F ZONE i.e. short termaverage has moved above the medium term averagewhich in turn remains below the long term averageand the current price is placed between short termand medium term averages. High risk traders canbuy in the range of Rs.790-800 with a stop lossbelow Rs.780 in close for a conservative uppertarget of Rs.865 and an optimistic upper target ofRs.880. Holding period can be 7-8 days.
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