ADITYA BIRLA CAPITAL taking retrace after breakout yearly level
If we can see longer time frame we can see a cup and holder pattern created . When ever create this pattern a very sharps and good move we can see.
What pattern Support behind this Stock:
This stock breakout and now retracing the resistance level of 159.85-160 and makes it a support.
Entry Point: after break the trendline with good volume and buying prefer above 180 level.
Keep on your eyes on this stock.
What pattern Support behind this Stock:
- Inverted Head and Shoulder.
- Cup and holder pattern .
This stock breakout and now retracing the resistance level of 159.85-160 and makes it a support.
Entry Point: after break the trendline with good volume and buying prefer above 180 level.
Keep on your eyes on this stock.
Note
First Target Hit at 191 level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.