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Here's why Mehul Kothari recommends to Buy ABFRL, EaseMyTrip

According to the technical analyst from Anand Rathi, ABFRL can rally to Rs 285, while EaseMyTrip can jump to Rs 60.

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Mehul Kothari Mumbai
BUY
Aditya Birla Fashion Retail (ABFRL)
Buy Near: Rs 255
Target: Rs 285
Stop Loss: RS 240 

First of all; the stock has entered an oversold zone after a corrective move of around three months. The weekly RSI is now at a multiple support zone and historically this has resulted in bullish reversal most of the time.

At this point in time; the risk reward looks good to go long. Thus, we advise traders to go long in the stock near Rs 255 with a stop loss of Rs 240. 

BUY
EASEMYTRIP
Buy Near: Rs 52.50
Target: Rs 60
Stop Loss: Rs 48.50 

The stock is resting at

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