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aks85
Oct 20, 2016 7:47 AM

Coromandel Intl- Formation of Ascending Triangle- Potential Buy Long

COROMANDEL INTLNSE

Description

As seen after an upmove the price has been consolidating making equal highs and higher lows forming an Ascending Triangle in daily charts. A breakout on the upside with volumes will see 320- 325 levels with 256 as Stop Loss.

Order cancelled

Trade cancelled, not convinced with the breakout. Would skip this trade.
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