Simple risk Reward positional setup

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Elgiequip Price is Breaking out 200 days of consolidation with good volume

Simple Low risk-reward setup for positional trade.

Few points to consider
- Rectangular Box price breakout.
- Good volume to support Price
- Relative strength is outperforming Benchmark Index (Nifty)
- Risk (SL), low of daily candle close
Trade fermée: cible de profit atteinte
Target reached
Rectangle

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