Repco Home Finance has given breakout, after a prolonged consolidation of more than two weeks along with price rising above its 100 days exponential moving average on a daily interval.
On the broader structure as well the stock is also building up a “W” pattern on the technical ground which is again a bullish signal. So, traders can accumulate the stock in a range of Rs 420-430 for the upside target of Rs 471 levels and a stop loss below Rs 390.
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