RavRutvik

CGPOWER consolidating near 52W high

NSE:CGPOWER   CG POWER AND INDUS
This stock is in uptrend but thing to lookout here is it is also forming a rising wedge structure. But also attempting to break al time high. Need a definitive closing above the horizontal boundary. Seems bit of a risk due to rising wedge structure but I am hoping that pattern will fail and we can see new all time high here.
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