ABC: AB Capital : Breakout Ready

Long

ADITYA BIRLA CAPIT (NSE:ABCAPITAL)

Updated

NSE:ABCAPITAL ADITYA BIRLA CAPIT

supportandresistance pennant indianstocksanalysis stocktobuy stocktowatchfor breakoutsignal abcapital_long

Symmetrical triangle (Pennant) breakout happens. Let it stay above the next immediate resistance 115. Then go long.

Buy above 115
Target-1 120, Target-2: 128
SL: 109

Comment:

The first level of Breakout happened.
Revised Trade: Buy at CMP, T: 140, SL: 131

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