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Dec 3, 2023 10:31 AM

Multi year breakout of 15 years with good volumes Long

ELECTROSTEEL CASTNSE

Description

The stock recently experienced a significant multi-year breakout, marking a notable event after 15 years. What adds to the significance is the good volume accumulation observed before the breakout, indicating substantial market interest and potential buying activity. This combination of a lengthy multi-year breakout and volume accumulation suggests a strong and well-supported bullish move in the stock. Traders and investors may find these technical signals compelling, indicating the potential for sustained upward momentum.
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