KaustavHazra

ADITYA BIRLA CAPITAL taking retrace after breakout yearly level

Long
KaustavHazra Updated   
NSE:ABCAPITAL   ADITYA BIRLA CAPIT
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:
  • 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.
Comment:
First Target Hit at 191 level

Ask me anything I am happy to help you.

To motivate us, Please like the idea If you agree with the analysis.

Thanks & regards,
Kaustav Hazra
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