Possible Breakout And Rally Ahead !

Traders CROMPTON is forming falling or descending channel pattern and the stock has failed to touch the support line of the channel. This is good sign of upward breakout. Enter only if breakout takes place with good volumes.
This is my personal analysis and its just for educational purpose , feel free to share your feedback/views.
breakoutChart PatternsDescending ChannelFalling WedgeTrend Analysis

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