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NIFTY: BUY | TGT: 12,070 | SL: 11,865
Nifty closed in the negative territory in the last trading session; however, it seems to be forming an ending diagonal pattern on the hourly charts of which last leg i.e. wave E is still pending. So, in anticipation of wave E up one can buy Nifty for the target of 12,070 with a stop loss of 11,865.
COCHIN SHIPYARD: BUY | TGT: Rs 444 | SL: Rs 402
The stock has formed a symmetrical triangular pattern on the daily charts. The stock has provided a breakout with an increase in volumes as
