It has crucial support at Rs 88/- and I expect that a break above Rs 101 will lead to further buying in the stock , irrespective of the market direction.
The target should be at Rs 127-130 levels
Nifty in the meantime has crucial support at 4200 and a break below this should make it test 4000 levels in the near future.
Happy Trading,
CA Rajiv D Khatlawala
Head - Training and Research
Jhaveri Securities Ltd.
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