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Auroma
May 6, 2021 6:41 PM

Sesha Paper - CMP: 163 Long

SESHASAYEE PAPER&BNSE

Description

After long accumulation, the stock has given Wedge Pattern Breakout with a good and increasing delivery volume. It is taking resistance near 168 of the inside wedge. Closing above 169 will move the price ahead. MACD crossover confirms positive price movement. We can expect a target of wedge pattern as 255 in the near term.
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