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Welspun Corp - Breakout

NSE:WELCORP   WELSPUN CORP LTD
With Biden being forced to allow Oil and Gas business to soon start again in the US this company will become a major beneficiary.
They are among the biggest suppliers of pipes for Gas pipelines. With Metal prices falling their margins could increase once again too..

Long at current price with stoploss below 155. There is a nice VCP pattern here and a breakout could give good gains.

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