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#NELCO LONG TERM VIEW

- India has approved backhaul satellite connectivity via VSATS

- Nelco Ltd., a Tata group co. is the largest VSAT provider in the country and trades cheap at a mktcap of just Rs.800crore.

- Currently Accumulating

- Buy for multi-bagger gains.

BUY on the Triangle Pattern breakout near 394

SL 349

TARGETS 25% Gain in Mid Term.