Paradeep Phosphates has shown strong upward momentum after sustaining a breakout above previous resistance, as marked on the chart. The stock formed a new all-time high (ATH) at 234.75 and is currently consolidating under a descending trendline after a healthy pullback. Watch for a potential breakout above the trendline for another bullish move, or a retest of support levels for entry opportunities. Perfect setup for swing traders and investors looking for trend continuation!
Engage below with your views on Paradeep’s trend and next possible moves!
Engage below with your views on Paradeep’s trend and next possible moves!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.