Welcorp another consolidation and long term buy

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A almost debt free company having good consolidation. Its contracts are back at full capacity. A subsidiary got listed in the middle east. Promotors have drastically increased their stake over the last few weeks. Consistant profit making company and clean management.
Good to accumulate and add above 120. Short term can give 10-15% returns above the break out point. Long term I would consider this stock for a level of 300.
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Chart PatternsTrend AnalysisWELCORP

Trade on confirmation and not on anticipation
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