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ranjannkumar

Descending Triangle pattern

FINEOTEX CHEMICAL (NSE:FCL)  
ranjannkumar  
NSE:FCL   FINEOTEX CHEMICAL
Trend Analysis Chart Patterns
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trendanalysis chartpattern
There is a descending triangle pattern which was formed in a time-span of last 30-45 days.
The possibility of the stock to go down is higher than the chance of break out.
EMA Indicator shows a neutral-reversal trend.
BUY this stock if it goes above 136 in 2 weeks.
NOT A FINANCIAL ADVICE.
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