Venus Pipes & Tubes Ltd.

VENUSPIPES

174

  • The stock has been in an uptrend since its listing.
  • In February 2024, the stock cleared its recent consolidation phase by clearing its previous all time high, along with Weekly MACD crossing above its Trigger line.
  • Past price behavior suggests that rally could be strong and quick.
  • Conservative target (decreasing FR sequence) is around 2800.
  • Bullish view remains intact as long as price is above 1580.

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