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Marketik
Feb 17, 2024 4:45 PM

Triangle Breakout, Retest, and Closes Bullishly in Strong Zone Long

THIRUMALAI CHEMNSE

Description

1. Triangle Breakout: Thirumalai Chemicals has successfully broken out of a triangle pattern, signaling a potential uptrend.

2. Retest Done: The stock has retested the breakout level, confirming its validity and providing a bullish signal.

3. Strong Zone Close: Thirumalai Chemicals has closed in a strong zone, indicating potential support and bullish sentiment.

4. Volume and RSI Confirmation: The breakout and retest are supported by volume and RSI, suggesting increasing buying interest and bullish momentum.

5. Bullish Candle: The closing candle is bullish, further supporting the bullish outlook for Thirumalai Chemicals
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