ABCAPITAL (cmp 214) seems to have broken out on Monthly Chart. Volume too is supporting this breakout. Falling channel breakout plus the FIBO extn projections give a possible target of about 255 odd levels in few months time.. View becomes invalid for a monthly close below 185 level. Disclaimer: This is just a view for educational purpose. I am not a registered advisor. Please contact your Financial Advisor before taking any trade.
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Nice move so far...swift move towards the given level....
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