It is been observed on the Daily chart that the price action trending up in channel and then consolidating in a big symmetrical triangle. Now, it has finally breaks above the triangle consolidation indicating a further move up.
Target: 260
Stoploss: 242
It is been observed that the price action is trending up, making new higher highs on weekly chart. It is also observed that price action breaks out from a rectangle shape flag pattern. (When the price action breaks out upward against the downward sloping rectangle consolidation pattern confirms a flag pattern breakout).
As per the flag pattern, the targets are...
It is been observed that the price action trending up on daily chart and recently breaks out of downward correction channel on daily chart. Today, Nifty corrected on a big move but the price action in this doesn't change. Bulls are in control and dominance in current scenario. It has completed 8 Waves cycle and now moving onto a new impulse wave. It is a good time...
Aban Offshore Ltd. engages in the provision of offshore drilling and production services to companies engaged in exploration, development, and production of oil and gas both in domestic and international markets. It also owns and operates wind turbines for generation of wind power. The company was founded by M. A. Abraham in 1986 and is headquartered in Chennai, India.
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