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Technical Analyst, Salil Sharma is of the view that one should stay away from Birla Ericsson until it closes above Rs 36 levels with strong volumes.
Sharma told CNBC-TV18, "Birla Ericsson was looking a bit weak before upmove. It looks like a dead cat bounce and has resistance between Rs 31-33 and after that at Rs 35. So until it closes above Rs 36 levels with strong volumes for three days consistently, I would stay away this stock."
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