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Triangle Breakout on NAUKRI

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NAUKRI gave a triangle breakout near 4800 on the daily timeframe. The upside for this stock is the difference between the high and the low of the triangle base i.e. 5880-3402=2478. So the target for this stock comes at 4800+2478=7278. This chart also contains a basic explanation for the triangle pattern which is for educational purposes.NAUKRI

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