Breakout ready stock - TIINDIA

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Tube Investments of India is pressing against a flat resistance near 3,250–3,270 while making higher lows since March–April, forming a classic ascending triangle; a strong daily close above 3,270–3,300 with good volume would confirm the breakout, after which a conservative upside looks toward 3,450–3,500, then 3,800–3,850, and a full measured move can stretch to 3,950–4,000, whereas on the downside a healthy retest can dip to 3,150–3,170, with the pattern staying valid as long as the rising trendline/3,030 area holds and turning weak only on a decisive break below 2,900.

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