Is PG Electroplast nearing a breakout?

PG Electroplast has caught the attention of SEBI analyst Manish Kushwaha, who sees a bullish setup forming on the charts. He has recommended a buy for the medium term, spotting a symmetrical triangle setup that could trigger a significant move. Adding to the technical case, stock is currently trading between the 38.2% and 61.8% Fibonacci retracement levels.

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