Indian markets closed lower on Monday tracking muted global cues. In case of any decline, the stock will find support around the Rs 7,050-7,000 zone.The stock surpassed its long-term supply zone of Rs 4,950 and rose to a new lifetime-high of Rs 5,095. This could take the stock towards its most possible target range of Rs 5,500. On the lower side, now the stock will find support at around the Rs 4,750-4,700 zone. (Disclaimer: Recommendations, suggestions, views and opinions given by experts are their own.
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