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GARFIBRES - Breakout with volumes

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NSE: GARFIBRES has broken out from the consolidation range.

Today's volumes indicate a huge demand and should move to previous swing highs in the coming days.

The stock has been in a accumulation phase over the past few days supporting the uptrend.

One can look for a 8% to 11% gain on deployed capital in this swing trade.

The view is to be discarded in the event of the stock breaking previous swing low.

#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade

Disclaimer:

This is for educational purposes only.

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