JUBILANT INGREVIA

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Hello & welcome to this analysis

The stock after a strong retracement has gone into a sideways trend mainly due to the sector seeing sharp decline.

Currently in a triangle in weekly time frame, a breakout is probable above 515 while further downside should not be ruled out if it breaches 400.

Overall fundamentally a strong stock one could keep an eye for breakout and or accumulate with proper risk management in case of failure/exit.

Happy investing
Uwaga
Breakout confirmed today post triangle
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