scorpiomanoj
Long

WABCOINDIA - Nice bullish setup

NSE:WABCOINDIA   WABCO INDIA LTD
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.
Trading is my passion.
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