Sutlej Textiles: Nice Consolidation, Awaiting Breakout
Updated
Stock has been in a major uptrend and has been in a consolidation off-late. Watching this one for breakout signals. Would be keen to buy this...
Note
Not the kind of price action I wanted to see. After a strong close yesterday, price has gotten back into the trading range today (July 20, 2017). I am no longer as bullish as i was yesterday. Have exited my positions for a nominal loss and waiting for more constructive piece of price action before buying it again.
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