M&M : this baby is Just looking to popout. Very Strong close today with good Hammer formation. Certainly we don't know if it is short covering or demand is really high. Buying some at this range can be profitable its like a spring formation. Good spring formation usually doesn't have very strong selling behind it.
Buying some below 647 (between 647 to 638) can be a good entry point with stop at 623 and cover at 690. (light position is better option at this stage)
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