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Elecon moving with good volumes and price action!! a break above the trend line and a closing above 86 will take the stock to 95-100 levels easily, keeping a stop of 78!!
elecon may find good support at 70-65 range
breaking out from 10 yr channel...with volume..
Spotted late by enough steam balance.
Breakout Target 95
Weekly breakout with volume at CMP 64, adding stock from CMP for target 80-90 for medium to long term with SL 58(weekly closing basis)