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Two stocks that are flashing bullish signals on tech charts

VOLTAS has seen strong reversal candlestick pattern formation near its 200 DEMA on the daily chart on the back of robust volumes, indicating an early sign of reversal in the counter

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Osho Krishan Mumbai
BUY GAIL | TARGET: Rs 154 | STOP LOSS: Rs 139

GAIL has reversed from its supporting trend-line and has marched towards the cluster of its exponential moving averages on the daily chart. The stock has formed a strong bullish candle in the last trading session along with closure above the mean of the Bollinger band (20, 2), indicating inherent strength in the counter. On indicators front, 14 period RSI has seen positive crossover and is headed northwards affirming the bullish stance.

BUY VOLTAS | TARGET: Rs 1050 | STOP LOSS: Rs 940

VOLTAS has seen strong reversal candlestick pattern formation near its

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