Data Patterns (India) Limited
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Weekly Range Breakout

267
The stock has been trading in the range for the past 19 weeks with low volume.

Before the range breakout, we can see volume again building up & the stock formed a weekly bullish engulfing candle with above-average volume.

Stock Brokeout of range with the highest volume in prior 19 weeks.

(Stop Loss) Point of High Confluence Weekly 10MA & 40 MA are perfectly aligned with the weekly low of the current candle giving a low-risk entry.

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