On the Daily chart, we are observing a range and volume breakout. Further, momentum indicator viz. MACD is Positively poised. Combining the above parameters, it is evident that momentum on the Upside is likely to continue. HUL in news . Investing 2000 cr for increasing manufacturing capacity . Mean reversion trade is possible UPTO 20 EMA. Move above 20 HMA may lead to this.
SELL : MPHASIS-EQ( MPHASIS ) [4503]
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