* NFL is still moving in a rectangle range since 2007. * Now it is showing strength and has given Cup and Handle breakout. * Also it is at the verge of breaking its long parallel trend. * Its immediate resistance is at 89. * It the resistance of 89 is broken in up side it may give the target of almost 130 at per Cup and handle breakout. * As per fundamental stock does not look sound as ROE is in negative, Reserve are constant but debt are increasing. ROCE is also not good. * But Company is expected to give a good quarter result. * Promotor holding is 75 % and DII holding is 13 %.
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