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BUY MOIL | TARGET: 192 | STOP LOSS: 170
Since August 2021, MOIL was stuck in a range of 180 - 155. In yesterday’s session, the stock managed to breakout of this range and the price action was supported by decent volumes. In addition, the momentum oscillators on the daily, weekly and monthly scale are positively poised hinting towards fresh upside. Hence, traders are advised to buy the stock on dips near 178 with a stop loss of 170 for the upside potential target of 192 in 1 – 2 weeks.
BUY SHRIRAM TRANSPORT FINANCE | TARGET: 1300 | STOP
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