J_ankit

Allcargo - Range Breakout

Long
J_ankit Updated   
NSE:ALLCARGO   ALLCARGO LOGISTICS
in weekly chart, stock making a higher high and lower low in parallel channel.

in daily chart, price consolidating in inside bar and continuously taking support at 20 ema; and facing resistance at ema 200. Today's moved broken the resistance & hidden triangle pattern with bullish candle, which supported by volume.
Price above all key moving average.

Thanks
-AJ

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Comment:
support & resistance.
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