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Wednesday, March 10, 2010

TATA ELXSI - BUY - CMP Rs.299

 


Tata Elxsi has shown breakout of symmetrical triangle pattern as shown in above chart. Volumes have increased from 108 K shares to 487 K shares on breakout. Fundamentally also this is a good stock to hold and can be a part of an investors longer term portfolio.

Target : Rs.345

SL : Rs. 285
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