INDORAMA- 60% Potential Stock In The Short Term

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INDORAMA

Looks good to me above 60 with 50 as sl. It has a potential to test 100 in the short term.
Reasons -
A Good Impulse from 8.25 till 90.8 then a healthy correction with volume decrease which suggests a profit booking only. And from the recent bottom volumes have started to pick up again. Planned the long on swing breakout above 60.

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This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.

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