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Consolidation and near breakout
DCMSHRIRAM
, 1W
Long
DCMSHRIRAM: Consolidation and near breakout

Stock is giving breakout of 3 year consolidation and touching ATH, trading above monthly weekly and daily Bollinger band (20,2). Also above 10 & 50 ema. A good H&S pattern is also formed in weekly. Wait for small consolidation of 2-5 days to make an entry with a logical SL, currently RR is not in Favour

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