By Lokesh Sethia, SEBI Registered Research Analyst 

The stock trading at Rs 483.5 on 6th Sep 2019. It made a 52-week low at Rs 332and a 52-week high of Rs 499. The 200 days Exponential Moving Average (EMA) of the stock is currently at Rs 409. From the last few weeks, the stock continuously trading in the upper direction and formed a "Higher High Higher Low" pattern which shows the strength of the stock. In the weekly chart, it formed large green candle with an increase in volume, which gives comfort for next week to buy. An increase in price with increase in volume suggests farther upside also possible. RSI and MACD also showing positive momentum.

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POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement –

• Analyst interest of the stock /Instrument(s): - No.

• Firm interest of the stock / Instrument (s): - No.