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smsuresh

AB=CD PATTERN

Long
MEGHMANI ORGANICS LTD (NSE:MOL)  
smsuresh  
NSE:MOL   MEGHMANI ORGANICS LTD
Trend Analysis Harmonic Patterns Beyond Technical Analysis
6
0
trendanalysis harmonicpatterns beyondta
The ideal AB=CD pattern is equal in time and price, with point D being an Fibonacci extension between 127%-161.8% of the B-C leg.
and we got this confluence point with channel bottom hence holding 100 can lead to upmove..
short term targets 122-125
SM

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