On daily and weekly charts, the stock has formed a promising uptrend continuation formation which indicates a continuation of the uptrend soon. For the trend following traders, Rs 990 and Rs 975 would be the key support zone. If the stock is trading above the same, the uptrend wave is likely to continue. Above this, it could move up to Rs 1060.
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The Indian market is expected to trade higher on Wednesday, following positive global cues. The Nifty50 closed 378 points up at 23,739 on Tuesday, with