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Here's why Mehul Kothari recommends buying Raymond, Metropolis Healthcare

According to the technical analyst from Anand Rathi, Raymond can rally to Rs 1,100, while Metropolis Healthcare can surge to Rs 1,620.

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Mehul Kothari Mumbai

1 min read Last Updated : Sep 09 2022 | 8:02 AM IST

BUY

Metropolis Healthcare

Buy Near: Rs 1,480

Target: Rs 1,620

Stop Loss: Rs 1,410

Like other diagnostic stocks, even METROPOLIS was under corrective mode since many months.

In the recent session, the stock has confirmed a higher top formation on the daily scale. Also we are witnessing a double bottom formation and that indicates formation of bottom.

Thus, we advise traders to buy the stock near Rs 1,480 for a target of Rs 1,620 in the coming sessions.

BUY

Raymond

Buy Near: Rs 1,020

Target: Rs 1,100

Stop Loss: Rs 980

After consolidating in a range for more than three months, Raymond finally managed to confirm a breakout above Rs 1,015 mark. The

Topics : Raymond Metropolis Healthcare Market technicals stock market trading stocks technical analysis Trading strategies technical charts Stocks to buy Stock Recommendations

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