This stock is consolidating between Rs. 77 and Rs 84 for last two months.
It's resistance is 84 and 88 Once it give close over 84 for 3 days it will go upto 96 in sort term. Mid term target is 120.
Last year it has given 22% dividend. It's outlook is good. They are planing to sell Kohinoor Basmati with Reliance Retail.
At 79 down side posibility is very low. So buy it.
Keep stoploss of Rs. 72. If this stock gives close below 72 for three days exit from it.
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