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Monday, December 30, 2024 | 02:17 PM ISTEN Hindi

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Here's why Osho Krishan is bullish on Inox Wind, Just Dial and Manappuram

According to the technical analyst from Anand Rathi all three stocks have been consolidating and now set for a good breakout

Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis
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Osho Krishan Mumbai
BUY MANAPPURAM | TARGET: Rs 210 | STOP LOSS: Rs 165

MANAPPURAM has witnessed a breakout in the month of July but failed to witness a follow-up buying. However, in recent times, the stock has consolidated near its 200-DEMA and bounced back to the breakout zone with addition in the trading volumes suggesting strong potential in the counter.

Also at this juncture, the stock has reversed from the ICHIMOKU cloud support on the weekly scale affirming a strong resurgence in the counter and the placement is at lucrative levels for higher returns.

BUY JUSTDIAL | TARGET: Rs

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