csanjib

ADF Foods: Breaking out of consolidation

Long
NSE:ADFFOODS   ADF FOODS LTD
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#ADFFOODS CMP 249.95 After a month long H&S bottom formation the stock broke out in April with low volumes. Since then consolidating within a rectangle and is trying to break out of that pattern. RSI , MACD and ROC are all in uptrend. Primary target of H&S pattern: 270. SL: if it breaks below the rectangle at 230
Trade closed: target reached

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