AVADHSUGAR - Parallel Channel Breakout

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The stock broke out of the declining parallel channel. The issue is that although the volumes are higher, they are not very high, and this breakout could be a false one.
I think the trade can be initiated by keeping a closer stop, which can give a good risk reward ratio.

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AVADHSUGARbreakoutBullish PatternsChart PatternsTechnical IndicatorsTrend Analysis

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