The stock of Navneet Publication
has shown impressive volumes in last 5 sessions (more than its 6-month average
volumes). While doing so it has broken
out from a consolidation range for the last
3 years. Today it has shown a correction of 1.5% so far which indicates an
opportunity to enter the stock. Holding above 60 levels one can expect the
rally to continue till 82 in next 2-3 months. One may buy with closing stop
loss below 60 and targets around 100. Time frame one month. CP is around 64.
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