VINATI ORGANICS - LONG

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The stock broke long term downtrend with high volumes. Currently the price is facing resistance and is into consolidation after a break out. Long position can be taken around 1250 for targets of upto 1380 to 1400. Sl can be kept at 1199 and should be taken on candle close basis. Swing long trade may take uto few weeks for target to be hit.
Nota
trailing sl used and exited trade at 1860
Trend Analysis

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