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SudhiRao

Triangular Channel in Majesco

SudhiRao Updated   
NSE:MAJESCO   None
Triangle Support and Resistance
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triangle supportandresistance
Triangular channel is formed in Majesco. Currently the stock is trading at the top of the channel and might correct a bit more. If the stock breaks out of the channel then we can see targets of ~700.
Comment:
I feel the stock might check 460 levels soon and then it will start moving up.
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