Shown above is the daily chart of
Arrow coated(BSE:516064). It is clearly visible on charts that the stock has broken out of a resistance trendline. The volumes were quite high in the last trading session. The stock is forming higher tops and higher bottoms on 60 mins chart. Looking at the over all chart structure we suggest you to buy the stock above 430 for targets of around 440-445. Maintain a strict stoploss below 415 levels.
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