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BHADORA Rounding Bottom Breakout Above Key Resistance

On the weekly timeframe, Bhadora Industries Limited has demonstrated a classic rounding bottom recovery after a prolonged downtrend. The price action established a base near the 60.00 level earlier in the year before initiating a steady sequence of higher highs and higher lows. A major horizontal resistance level was established at 123.72, representing the previous structural high from last September. In the most recent price action, the stock has successfully broken out above this 123.72 neckli
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