AfnanTAjuddin

FINPIPE _ Retest of breakout - low risk and high reward trade

Long
NSE:FINPIPE   FINOLEX INDUSTRIES
The stock was trading in a highly negative manner, but the downward trendline was broken with good volume, and a retest of the trend line followed the breakout.

This trade can be viewed as a retest of a breakout; it will be low risk and high reward trade.

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