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sobha stock target: Stock Radar: 40% rally in 3 months! This real estate stock hit a fresh 52-week high in November; what should investors do?

The stock is also trading in an upward-sloping channel on the weekly frame and the supports are also gradually shifting higher, which is a positive sign for the bulls. It picked up momentum after it breached February 2022 highs of Rs 750-800 levels earlier in November. The stock has been taking support above the 50-DMA since May 2023 on the daily charts ....

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