ADITYA BIRLA CAPITAL taking retrace after breakout yearly level Long

ADITYA BIRLA CAPITNSE

Description

⋅ Jan 6, 2024 8:27 PM

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

⋅ Feb 27, 2024 4:38 AM

First Target Hit at 191 level

Comments

rakeshms1387

⋅ Feb 28, 2024 1:03 AM

I have buy @170 at current position what ll be short time to exit

KaustavHazra

⋅ Mar 22, 2024 5:29 PM

@rakeshms1387, Hold with Stop loss of 160