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MAHSEAMLES: Breakout and Opportunity in Progress
MAHARASHTRA SEAMLESS LTD
Long
MAHSEAMLES: Breakout and Opportunity in Progress
By Sudhi4488
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Updated
Jan 1
5
Dec 29, 2024
#MAHSEAMLES
Technical Breakout:
The stock broke out of its base on 5th December, accompanied by strong volume, indicating renewed interest from buyers.
Pullback on Low Volume:
Currently, the price is pulling back to the breakout base on low volume, a healthy sign of potential consolidation.
Stage 2 Entry:
Technically, the stock is transitioning into Stage 2 (early growth phase), aligning with bullish trends.
Fundamental Strength:
Backed by strong fundamentals, this company has a solid foundation for sustained growth.
Action Plan
I plan to add this stock in the coming days upon observing a strong reversal signal. Don't miss this opportunity—keep it on your radar!
Jan 1
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