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popularExpert69803

Consolidation in HeritageFood - Hourly Time Frame

HERITAGE FOODS LTD (NSE:HERITGFOOD)  
popularExpert69803  
NSE:HERITGFOOD   HERITAGE FOODS LTD
Chart Patterns Trend Analysis Wave Analysis priceaction priceactionanalysis consolidation consolidationzone darvasbox darvasboxstrategy
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chartpattern trendanalysis waveanalysis priceaction priceactionanalysis consolidation consolidationzone darvasbox darvasboxstrategy
The stock of HERITAGEFOOD is currently consolidating within a 1-hour timeframe. There is potential for a breakout in either direction. This situation presents a trading opportunity. The long-side target is at 275.8, with a stop loss set at the middle of the range, which is 249. On the short side, the target is 226.55, and the stop loss remains the same at 249. This configuration results in a risk-reward ratio of approximately 2.7 on both sides.
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