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AMARAJABAT - on the verge of breakout

Long
NSE:AMARAJABAT   AMARA RAJA BATTERI
After a strong up trend, the stock has been consolidating for nearly a month, now.

And this consolidation is rife with buying pressure at every down move the price makes. (marked in arrows)

The stock has been making constant higher closes during the last 3 days. Also, this buying has come from a strong support (marked in horizontal line).

So, upon breakout, one can expect Amarajabat to resume its uptrend till 790 / 810 level

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