GSKASAR

#KAKATCEM - Ascending Triangle Pattern in Formation

Long
NSE:KAKATCEM   KAKATIYA CEM SUGAR
KAKATCEM has formed ascending triangle pattern on a weekly chart. Volume has dried up as the stock is reaching its apex. A decisive move above its upper resistance trendline accompanied by volume will take stock towards 525-550 zone. Pattern failure below upward sloping trendline on closing basis.

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