breaking out of trading area with high volume and breakout gap. RSI range about to cross 70.
, , GMRINFRA
, , GMRINFRA
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Good Observation, but the only concern here in this call is that the RSI is already near 70 and the trend is in upward direction, so once it enters the overbought region of 70 there is a chance for trend reversal in the near term , so it might not be a good idea to go long.