STOCK: Ashoka Buildcon
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SETUP: All time high breakout, Stock was facing 195 to 200 zone resistance since feb 24, Given breakout of level in June 24 with bullish close never traded below that level after breakout, Consolidation or accumulation going on after that breakout for almost six months, now stock again giving breakout of consolidation range after six month(big green candles in accumulation time with slow and silent volume)
VOLUME: Volume activity increased
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PLAN: Entry above day high, STOP: 260 to 250, Target: 1:2 or 1:3
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NOTE: Manage your Risk #For leaning purposes only
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NOTE: Take Target or SL whatever hit first, Will not update on same setup again
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian