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Breakout Soon in CMS INFO SYSTEM

Long
NSE:CMSINFO   CMS INFO SYSTEMS LTD
CMS Info Systems Limited is India's largest cash management company in terms of the number of ATM points and retail pick-up points. The company has an order book of ~4400 crs.

Ascending Triangle Breakout Setup
Volatility Contraction
8 months of consolidation
RSI near 60 and rising
Trading above EMA50
Volume increasing

Disc: not a recommendation, for study

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