2. As a strategy one should go long in this stock only when the same start trading about the level of 2100. Thus, as long as stock remains below 1930; stock is a sell candidate. Stock faces resistance at Rs 1,965- Rs 1,990. Overall the trend of the stock is down in shorter time frame as visible from the chart. In case the stock closes below Rs 1,870, it means that stock can fall to Rs 1,835- Rs 1,718- Rs 1,718 - Rs 1,530 over the medium-term.
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