HARSH10621

NELCAST LOOKS GOOD

Long
NSE:NELCAST   NELCAST LTD
SWING TRADE OPPORTUNITY

Stock is in downtrend from Jan 2023 and forming triangular pattern, having major support near 85. It is corrected by nearly 30% from it's high. But now in last trading session it gives breakout of the triangular pattern with very high volumes which clearly indicates the reversal of the trend. Stock is taking support from its major moving averages.

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