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BUY GODREJ INDS | CMP: Rs 425.45 | TARGET: Rs 458 | STOP LOSS: Rs 400
The stock has almost made a double bottom formation pattern on the daily chart near 398 levels to maintain a good support base and has pulled back strongly to imply strength with the potential to rise further in the coming days. The RSI also recovered decently from the highly oversold zone and indicated a trend reversal to signal a buy. The volume participation is quite decent and with the chart looking promising, we suggest to buy and accumulate this stock for an upside target of
