MapletreeInd has broke above the 1.45 recent high 2 days back and manage to stay above it strongly. Currently at 1.47. Possible to see it climbing higher to test the psychological 1.50 level soon. Resistance has turned support also at 1.45 now. We remain bullish as long as 1.45 hold as the near term support. A break above 1.50 can see it go to 1.56 to 1.60 level. For investors, a good stock to hold also in the longer term for yield of about 6.5%. And also opportunity to reap capital gains after collecting yield.
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