Khaitan Chem (Weekly Timeframe) - Potential Breakout

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The stock has been in a Uptrend since few weeks & a few weeks back it BrokeOut of a Long-term resistance with good volume and there after has been on the uptrend. This week it has reached a key resistance zone. If it can continue the momentum, the stock may BreakOut of the zone and it's next target can be the All Time High at 156. EMA's are all in PCO state which is a bullish sign.

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