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2023

Profit booking likely in a Maharatna as 2-wheeler major hits Bullish mode

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The price of this company made a peak at Rs 170.60 in March and retested the level twice, but has not been able to surpass it on a closing basis. The recent attempt has ended up becoming a bearish-engulfing candlestick, which suggests that the weakness is seeping in the price. The increase in volume in the previous candle is a sign of exhaustion.














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