NeeteshJain

Sintex Moving Up (Breaks Resistance)

Long
BSE:SINTEX   SINTEX INDUSTRIES LTD
It is been observed on weekly chart that the price action firstly trending under a downward trendline and then breaks out of the trendline with good volumes. Now, it breaks the resistance level of 89 and now trending up in a channel and it shall reach to 95 levels.

Target: 94.50
Stoploss: 84
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