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KRBL, JSW Steel: Here's why Anand Rathi is bullish on these stocks

According to Mehul Kothari of Anand Rathi, traders can buy KRBL near the 260-mark with a stop loss of 250 for upside target of 275 in 1 - 2 weeks.

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Illustration: Binay Sinha

Mehul Kothari Mumbai
BUY KRBL | TARGET: 275 | STOP LOSS: 250

After struggling for a couple of months, KRBL has finally managed to close above its 200 DSMA. During the process, it has confirmed a range breakout along with a breakout from weekly ICHIMOKU resistance. We expect faster momentum on the upside from here on. Traders can buy the stock near the 260-mark with a stop loss of 250 for upside target of 275 in 1 – 2 weeks.

BUY JSWSTEEL | TARGET: 820| STOP LOSS: 630

The stock has been consolidating since quite some time. Recently, it found support at the placement of