Stop Loss: Rs 1,260
Targets: Rs 1,180/1,160
The stock is trading in a continuous downtrend with the lower high lower low formation on the daily chart. The RSI indicator has given a bearish crossover and is trading in the selling zone. The stock is trading near its 52-week low, which is likely to be tested in the coming days.
Analyst: Kunal Shah, LKP Securities
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