Elecon Engineering Company - Breakout Setup, Move is ON...

#ELECON trading above Resistance of 1189
Next Resistance is at 1655
Support is at 987

Here are previous charts:

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Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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