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The stock is currently in an uptrend and is finding good support from its 30 DMA which is at 1.23. If the stock is able to trade above this level, then it might rise to 1.30. If 1.30 is taken out, then the stock may see a sharp uprise.
On the downside, if 30 DMA is broken, then the stock may decline to 1.17 i.e. 200 DMA. If 200 DMA is broken, then the near term trend would become down.
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