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StocksGyan
Jan 20, 2022 11:42 AM

Triangle breakout in Gujarat Alkalies Long

GUJARAT ALKALIESNSE

Description

If we see the char in daily timeframe for Gujarat Alkalies, we can see a triangle breakout with rise in volume. The upper trend line in the triangle has been broken. The momentum has been very good from the past 2 candles. If the bulls support the momentum, it can easily give us more than 5% returns in the short term. This breakout might also lead to All Time High. But we can't predict anything.

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