The short-term outlook is bullish. The inventory has surged over 8 per cent on Thursday. This rise has taken the share worth nicely above the important thing resistance stage of ₹416. It additionally marks the resumption of the general uptrend on this inventory. Aegis Logistics share worth can rise to ₹460 over the subsequent two-three weeks. Robust assist is within the ₹416-₹413 area. Intermediate dips if seen are more likely to restricted to this assist zone.
Recent patrons are more likely to come into the market at decrease ranges. Merchants can go lengthy now at ₹426. Accumulate on dips at ₹418. Hold a stop-loss at ₹408. Path the stop-loss as much as ₹431 as quickly because the inventory strikes as much as ₹438. Transfer the stop-loss additional as much as ₹442 when the worth touches ₹447. Exit the lengthy positions at ₹455.
(Observe: The suggestions are primarily based on technical evaluation. There may be danger of loss in buying and selling.)
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