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Infibeam Avenues 8 year downtrend breakout
INFIBEAM
, 1W
Long
INFIBEAM: Infibeam Avenues 8 year downtrend breakout

This price action can be very big for this counter as it was in structural downtrend since its inception nearly 8 years ago. Major observations include: 1) It is following a 900 day primary cycle. The 4th cycle started around 28th/Aug/2023 with a positive trend. 2) Breaks out of the 8 year downtrend. 3) Looks like first target will be Rs. 29-30. if the price...

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