vipulmehta817

ABAN Offshore Cup and Handle Formation

Long
NSE:ABAN   ABAN OFFSHORE
ABAN offshore is coming out from a two year bottom in the form of a cup and handle formation on the weekly chart. The weekly chart exhibits good volumes at the breakout zone of 36. Time to start building long positions with Fibonacci extension targets of 52/76 in the medium term.

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Sir medium term means 2 to 3 months ?
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vipulmehta817 Shakti16152
@Shakti16152, Looking at the weekly formation, yes I was expecting it to touch these targets in 2-3 months time. Kya pata tha 52 to 2 din mein hi aa gaya! :D
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