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May turn around from 51.9 in a couple of days.
it has a habit of not staying below 300 EMA...
can be accumulated with tiny SL 80.
In daily, symmetrical triangle formed and breakout happened with high volume,
in weekly, it is in strong uptrend, and recently it broke out of horizontal resistance and landed in all time high zone, also BB is expanding.
sl - 95 1st tgt - 145
Buy ARCHIDPLY at 113 with SL 104(Closing), target open
Buy ARCHIDPLY at 113 with Sl of 104 (closing basis) target open
Broken out of symmetrical triangle, RSI BO too.
Above 95 it may get fuelled for some quick bucks. View gets invalidated below 85-84 levels.
Long term trend is quite bullish.
In weekly, price bounced from trend line support, also hidden bullish divergence is seen.
Also BB shows that, 20 ma has been a good support https://in.tradingview.com/x/44QMtdER/
sl - 80, 1st tgt - 117
On weekly charts, has broken out of its upward channel with good price-volume action. Any dips towards the top end of the channel is a good entry opportunity. Looks like its following its elder peer century-ply
Broke Out of channel and resting on upper zone.
Buy for target of 77
Breakout above 77 can move this towards 90