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AK1808
Oct 25, 2021 11:21 AM

Symmetrical trianlge !! Long

ALLSEC TECHNOLOGIENSE

Description

Stock has formed symmetrical pattern on weekly chart. One can consider long position with SL 425 on weekly CB, for the target of 650 and above with more than 1:2 RR. Promotes are majority stakeholders in the company with NIL pledged shares (73.4 % as on Sep 21).

Kindly do your analysis before initiating trade.

Trade active

Stock has given 15% from reco level...one can book profit as there is resistance at 553-556 levels....or continuing holding as per mentioned levels

Trade closed: target reached

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