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Kotak Mahindra Finance, Appu Industries to remain bullish
Deepak Singh Tanwar
MARCH 3: Kotak Mahindra Finance has shown signs of consolidation, and a recovery is likely. The stock has been able to cross its immediate resistance, besides posting a higher bottom. The stock has a good base at Rs 150 which can be considered as a stop loss. On the upper side, the resistance levels are Rs 180, and Rs 240 respectively.Cals is another counter which appears positive. The stock is above its short-term hurdle which is a good indication. One can take a long position with a stop loss of Rs 15. Appu Industries' technical position is also promising. The stock is approaching a resistance-free area. For long position, the stop loss is at Rs 55. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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