We have seen in past how consolidation breakouts always give rocket moves. One such pre breakout consolidation trade is NALCO If this stock manages to sustain above 140, we will enter mad bull run in this stock. It is always safe to enter before breakout since we get an option to partially book and trail SL post breakout.
Levels mentioned on chart. I hope you all can get to ride this share with me if this breaks out.
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New ATH made today. Metal sector is looking strong. We can expect a big move in this stock if consolidation breaks