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SHRIHARII

ACI - 1 Year consolidation / Triangle Breakout

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ARCHEAN CHEMICAL IND LTD (NSE:ACI)  
SHRIHARII  
NSE:ACI   ARCHEAN CHEMICAL IND LTD
Trend Analysis Chart Patterns Beyond Technical Analysis consolidation-breakout trianglepattren downtrendbreakout Symmetrical Triangle breakout bullishmomentum momentumstrategy buy
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trendanalysis chartpattern beyondta consolidation-breakout trianglepattren downtrendbreakout symmetricaltriangle breakout bullishmomentum momentumstrategy buy
Archean Chemical Industries Ltd

1) Time Frame - Weekly.
2) The Stock has been in a downtrend / consolidation since (February, 2023). Now It has given a downtrend / consolidation breakout & Closed at it's All Time High with good bullish momentum in Weekly Time Frame.
3) The stock will find it's next resistance around the price 860 (9%) from the price 789.95.
4) Recommendation - Strong Buy
Penafian

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