MCX Short Term Trade

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The stock has been in an overall uptrend
The volume shows an overall bullish strength
A small rising wedge pattern has been formed
atr had been falling throughout the pattern
On breakout a sharp rise in atr and volume is seen
Thus, there is a short term trade
tgt 5440, sl 4997
Trade fermée: cible de profit atteinte
target reached
Trend Analysis

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