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CG Power Heading back towards Support

NSE:CGPOWER   CG POWER AND INDUS
CG Power has had a good run lately and from the levels of 70 made a high of 210. However post that the stock has seen profit booking happening and is at a critical juncture. If the stock breaks 165 level it would find its first support near 143 and post that it has a support at 125. It is also important to note that if the price breaks the trending resistance level marked with blue line the stock would aim again to touch its 210 level .
Penafian

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