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arthvrriksh
About me Full time trader. Systematic & rule based trading. Focus on risk management & mental discipline.
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SHEMAROO 100% | 1
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SHEMAROO ACCUMULATION SEEN NEAR LOWER END OF PARALLEL CHANEL
SHEMAROO
, 1MLong
SHEMAROO: SHEMAROO ACCUMULATION SEEN NEAR LOWER END OF PARALLEL CHANEL

Shemaroo has been following a upward parallel channel for past 4 yrs. Higher volumes on monthly timeframe in past 1 yr suggest accumulation in this stock. Near 145-155 levels there is a good risk reward opportunity for going long. Buying zone near 150 levels; tgt 225>>255>325; once can keep 125 stop on weekly closing basis.

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