Pennant pattern created on daily chart of Richo Auto, anytime breakout can happen on it. Stock flowing in short uptrend above its 50 MA. Didnt break retracement level of 24.45 couple of days back, again taking support from somewhere there.
Average Delivery data of 10 days in NSEindia is 47.528
can add 6 rupees of target from the breakout point.
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