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Zaks_C
Nov 16, 2023 6:30 AM

Filatex breakout Weekly Long

FILATEX INDIANSE

Description

Taking this trade due to following reasons as per marked entry and exit:

1. Candle patten – Bullish engulfing
2. Chart Pattern – Weekly breakout
3. Volume – increase in volume for past few weeks
4. RSI – Taking support at 50 and moving to 80’s
5. Moving average – Crossing 200 SMA
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