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“India is also looking forward to the CPI data with a muted view as food prices are likely to be higher on MoM basis, essentially forcing RBI to hold the interest rates in the short-term,” said Vinod Nair, Head of Research, Geojit Financial Services.
Here are 2 stock recommendations for Tuesday
Agencies
PFC has given a breakout from an ascending triangle pattern on the hourly time frame, indicating a bullish trend. The price is trading above all major EMAs, signaling bullishness, with the 20 EMA crossing above the 200 EMA, further confirming a short-term trend shift to bullish.
Kunal Kamble, Sr Technical Research Analyst, Bonanza
IANS
HAL on an hourly time frame has reversed from the potential 4th impulsive wave target and has initiated its fifth impulsive wave, signaling a buying opportunity. The price is trading above the Ichimoku Cloud, which indicates bullishness in the security.
Kunal Kamble, Sr Technical Research Analyst, Bonanza
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