ABAN - New Impulse Wave (Go Long)
It is been observed that the price action trending up on daily chart and recently breaks out of downward correction channel on daily chart. Today, Nifty corrected on a big move but the price action in this doesn't change. Bulls are in control and dominance in current scenario. It has completed 8 Waves cycle and now moving onto a new impulse wave. It is a good time to get long in this one.
Target: 268
Stoploss: 220
Target: 268
Stoploss: 220
Trade active
Bulls in full control, reaching up to targets.Trade closed: target reached
Targets reached successfully. Regards
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