Weekly trendline breakout in progress after a long consolidation. Price is attempting to sustain above ₹586 with an ascending triangle breakout. Above ₹600, targets are ₹623 and ₹744. Invalidation below ₹560 on a weekly closing basis. Volume confirmation is the key trigger.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.