The Stock after giving a big breakout last month, it has been consolidating between 35-41 range for the last 3 weeks. The stock needs to give a breakout from this range to move ahead to previous highs made in Jan 2010. Buy Batliboi above 42-42.5 with stoploss of 40 on closing basis and look for targets of 46/48 in extreme short term.
Have a nice trading day
Regards
Ankit
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