scorpiomanoj

WABCOINDIA - Nice bullish setup

Long
NSE:WABCOINDIA   None
WABCO INDIA
Monthly chart
1) Triple bottom formation complete.
2) Cup pattern breakout adds momentum to stock.
3) Good level to enter for conservative traders would be at 7500-7900; Aggressive traders can enter at cmp.
4) Target 8850 which is breakout level + 0.5 X (length of the cup pattern level).
5) Stop should be at 7000.

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