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BUY ICICI PRU LIFE | CMP: Rs 506.50 | TARGET: Rs 570 - 580 | STOP LOSS: Rs 480
The stock has been in consolidation for quite some time, maintaining a support base near 480 levels and currently has given a breakout with a positive bullish candle pattern to imply strength and has potential to rise further in the coming days. The RSI has indicated a strong trend reversal with positive bias and has signaled a buy. With good volume participation witnessed, we recommend a buy in this stock for an upside target of Rs 570 – 580 keeping the stop
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