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Honeywell Automation Breakout

Long
NSE:HONAUT   HONEYWELL AUTO IND
The stock has broken out and retested; therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone and the upper & lower trendline. The target is placed based on fundamentals and near swing high.