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HinduBusinessLine

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Tech Query: NHPC, Rajesh Exports and Honeywell Automation India: What is the outlook and where are these stocks headed? 

  • NHPC stock has been in a downtrend but is showing signs of reversal with strong support at ₹75-70 and potential to reach ₹115-120 in the coming months.
  • Rajesh Exports stock hit a low of ₹151 and may see a corrective rise to ₹300-350 or even ₹450 over the next year, but caution is advised if it falls below ₹150.
  • Honeywell Automation India, purchased at ₹45,000, has found support at ₹31,500 and needs to surpass ₹42,000 for a bullish trend towards ₹62,000; consider exiting if it struggles around ₹40,000.

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