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Investors with a short-term perspective can buy the stock of IOL Chemicals & Pharmaceuticals at current levels. The stock jumped 8.7 per cent accompanied by extraordinary volume breaking above a key resistance at ₹185 on Monday.
The stock has the potential to trend upwards and reach the price targets of ₹201 and ₹205 in the forthcoming trading sessions. Trader can buy the stock with a stop-loss at ₹189.
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