It has strong support at Rs 1020 which is its 200-day moving average and if this level is not respected than stock can fall to the levels of Rs 900. Forescast for the stock in medium term remains that it is likely to move in a range of Rs 850-Rs 1,200 over the medium-term. As a long term investor exit all longs in this stock if the level of Rs 850 is broken on the lower side.
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