CESC has just broken out on high volumes. The stock if persists above Rs 1000 on a closing basis can be considered for a positional long for targets of Rs 1110,1180 and beyond. The Stop Loss can be at levels of Rs 960

Considering the impending demerger, some brokerages have arrived at targets of Rs. 1350 and beyond.

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Disclaimer:: The article presented herewith is just an educational assessment of the chart structure of CESC. Please do your own research and consult your financial advisor prior to acting on the information presented herewith. The author does not intend to set forth this article as a recommendation to buy or sell this stock and has a small position in the stock at 1005 levels, when the above Trading View Idea was published

Arbind Kumar Roy

About Arbind Kumar Roy

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