Considering Volume, 200DMA , Wedge reversal and uptrend in longer timeframe .
For more confirmation wait for reversal or I will add few quantity and wait for reversal for few more quantity to add
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EDUCATION PURPOSE ONLY
Script has been in a consolidation phase by taking good support at the bottom paving its way for an entry with minimal SL. Also has been taken support from 200DMA . Multiple targets could be the safest bet . There is a hope that Pro budget push may give adequate volumes to push the momentum.
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Indian Hotels break happened in Monthly with broken all time highs
Weekly with multiple resistance broken out
Daily trend line broken and retest happend ( with 200 DMA taken as support )
Probability of going long !!
Deepak fert has given good breakout in monthly and keenly in weekly with good volumes . Apart from this increase in crude oil prices may add further fuel on fire for a bull run .
