Eveready Inds. Ind. Ltd (Weekly Timeframe) - Potential BreakOut

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The stock has been in a range since 2021, with couple of BreakOuts (2023 & 2024) which did not sustain momentum. Past 3 weeks the stock has gained appox: +29% with huge volume buildup. The short-term EMAs are in PCO state, indicating an uptrend. The stock may BreakOut of the resistance zone (398 - 406), if buyers show interest in the stock to take it further up.

Watchout for next week's price action!!

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