prajfinancials
Long

Ascending Triangle breakout in Everest Industries Ltd

BSE:EVERESTIND   EVEREST INDUSTRIES LTD.
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The stock seems to have broken out of ascending triangle today around 455. The ascending triangle pattern took almost 9 months to complete. So it looks to be a strong breakout. One can go long on pullback towards 460-452 for medium to long term targets of 530-590 with stop below 415.
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