Auroma

Philips Carbon - CMP: 201

Long
NSE:PHILIPCARB   None
It had given rounding bottom breakout long back on the daily chart. It is under accumulation zone. Increasing in delivery volume weekly is indicating upmove in the near term. Closing above 214 will be a breakout of the accumulation zone. We can expect price movement up to 270 after closing above 214. RSI on the weekly chart indicating continuation of up move.

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