Filatex India Ltd
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Filatex India – Monthly Breakout Setup

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Setup: Monthly chart showing long consolidation between ₹30–₹70, now projecting upward momentum.
Current Price Action: Breakout zone forming above ₹70.
Target Projection: ₹160 (≈127.91% potential gain).
Trend Context:

Consolidation base built over multiple years.

Volume activity suggests accumulation.

Breakout projection box highlights upside potential.

Why Traders Care:

Long consolidations often precede strong directional moves.

Monthly timeframe adds conviction to the breakout.

Clear risk/reward defined with consolidation base as support.

My Take: Filatex India is breaking out of a multi‑year range — sustaining above ₹70 could open the path toward ₹160.

Community call: Will Filatex India deliver the full breakout or slip back into consolidation? Share your view.

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