Refex Industries - Breakout Alert!

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Technical Highlights:

  • Breakout Alert: Price has broken above the descending trendline that held for ~9 months.

  • Volume Confirmation: Breakout is supported by a noticeable spike in volume (~1.35M).

  • RSI (14): Currently at 68.37

  • Price Action: Bullish candle close above resistance zone near ₹480-485.

  • Momentum: RSI has been making higher lows since March, aligning with price strength.

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