One of the strongest stocks on the fundamental side with an equivalent strength on the technical's too, has given an opportunity to trade long above 90.50 with a stop of 89.00 for a target of 114.00. The stock is trading in a tight range and hence the stop is running close to the entry price, there are possibilities of stop getting triggered, it would be advisable to get in with a small exposure. Later, on getting more strength while crossing 94.00 with volumes, can be used to add more to the long position.
In the event of stop getting triggered, wait for next entry trigger, this stock is an out performer in the present lack luster market.
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