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RR Kabel forms golden cross, eyes breakout above ₹1,452 level
short by / on Thursday, 17 July, 2025
RR Kabel shows trend reversal after months of selling, rising above its 200-day EMA. Analyst Mayank Chandel highlighted a Golden Cross, a bullish signal and suggested a breakout above ₹1,452 could trigger a rally toward ₹1,785. Stoploss at ₹1,240 is advised. Retail sentiment has turned cautiously bullish amid strong buying and rising message volume.
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