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GSFC - Ascending Triangle BreakOut

Long
NSE:GSFC   GUJARAT STATE FER
The stock is near its 52W high, and witnessed a spike in volume on Friday, 30th July.
If the momentum continues, considering its strong technicals, it is highly likely to break out of the ascending triangle pattern.

Considering the historical trend on the weekly charts, it is expected to touch near term targets of 137.8 and 150.8 respectively.
Depending on your risk profile, you may maintain a stop loss at ~112 levels.

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