East Pipes Integrated Company for Industry
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EAST PIPES closed at 154, staying above its 100-day SMA despite recent volatility. The RSI is at 39.65, indicating potential for a short-term increase. The stock is hovering above 200-day SMA. In the near term, the stock appears to target 160, with medium-term targets between 167 and 172. It is recommended to consider buying on weakness or as it approaches the support level, with stop losses set at 139 to manage risk effectively. Risk & Reward Ratio is 1:2
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