ACI - 1 Year consolidation / Triangle Breakout
Archean Chemical Industries Ltd
1) Time Frame - Weekly.
2) The Stock has been in a downtrend / consolidation since (February, 2023). Now It has given a downtrend / consolidation breakout & Closed at it's All Time High with good bullish momentum in Weekly Time Frame.
3) The stock will find it's next resistance around the price 860 (9%) from the price 789.95.
4) Recommendation - Strong Buy
1) Time Frame - Weekly.
2) The Stock has been in a downtrend / consolidation since (February, 2023). Now It has given a downtrend / consolidation breakout & Closed at it's All Time High with good bullish momentum in Weekly Time Frame.
3) The stock will find it's next resistance around the price 860 (9%) from the price 789.95.
4) Recommendation - Strong Buy
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