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Breakout Stocks: How to trade Reliance Power, Indian Bank and Max Financial Services that hit fresh 52-week high? – Market Summary

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The stock gave a strong bullish green candle breakout yesterday, with an 11% move and volumes above the 50-day moving average.

Today, it also showed a 6% upside move, with potential targets of Rs 87.60 (Target 1) and Rs 103 (Target 2), and a stop loss at Rs 48.

The stock has broken its all-time high (ATH) level and has delivered a return of 139% in the last 1 year and 58.37% in the last 6 months.



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