Sneaking out from bottom

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Has been trading in a range of a 50 points 1000-1050 for more than a month and with stock closing above the 0.38 retracement level and touching 0.5 level. It can give a triangle BO above 0.5 level of 1083 which can go upto 1160-1200. However watch out for volume for confirmation.
Nota
Just closed below the 0.618 retracement level and once it goes out of this zone then we can see our target quickly
FibonacciLONGMUTHOOTFINTrend AnalysisTriangle

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