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Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
Range consolidation has been happening in the past 4-5 month, which was breached.
The breach was tested again and found a support at consolidation trend line.
Currently, hovering in Breakout/Reversal Zone (defined by nearest pivot at those levels)
If breakout, the next immediate target could be next pivot at 218.
If reversal, the consolidation trend line might be ...
Attempting a channel breakout after trading in the channel for 4 months. For confirmation of a true breakout it should give a closing above 190
ASHIANA : Huge vols yesterday and gap today... Breakaway gap?
Stock consolidating between 160-180 zone. Break of 183-85 zone can take the stock to 220-225 lvls. Buy only on breakout.