Shivalik Bimetal Controls Ltd - Breakout

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Engaged in the business of manufacturing of thermostatic metal strips and resistors. Technically strong candidate which is near its 52 week high zone. Broken the 6 month long resistance . Now its immediete target is at 500 levels . A perfect setup is seen in the chart and which indicates a higher high movement .
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Chart PatternsTechnical IndicatorsSBCLTrend Analysis

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