getsetrade
Long

Future Retail- Ascending Triangle Breakout retest- Buy

NSE:FRETAIL   FUTURE RETAIL LTD
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The stock after moving in an uptrend went into a narrow range forming equal highs and higher lows which is the Ascending Triangle pattern. 2 days back it gave a breakout with volumes and now it is retesting the breakout levels. It is good buy at CMP at 406.5 with a stop loss of 390 and a target of 445.
Comment: sl hit
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