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- Stock made a bullish breakout by closing above its trend line resistance zone @ 388.50, chart indicates as long as stock holds above bulls will be favored.
- On down side stock will find support @ 320 and 300.
- Stock also trading above 200 DMA, this will favor bulls as long as stock holds above.
- Even stock major trend indicator "MACD" is moving in positive zone and above levels zero this indicates further price rise can be seen in coming days. Close Watch.
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