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G R Infraprojects - Rounding Bottom and Dow Theory

A beautiful rounding bottom pattern.
The chart is making Higher High and Higher Lows.

When the macro-economic factors are negative, it is best to stick with proven patterns to increase the probability of a successful trade.

Infra space in India is a no brainer. Stoploss is pretty close so that once the trade is triggered on daily closing basis the risk reward ratio stays healthy.

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