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the stock has given a good breakdown below its immediate support mark of rs 1,553 on its daily charts. with the rsi (14) near 37.10 and volumes in fridays session equivalent to its average (30) days volume, it is expected that the stock should head lower towards potential targets of rs 1,450 and below. a strict stop-loss should be kept at the rs 1,590 mark to manage risk well on the short.
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