Aditya Birla Capital has given a 5Y breakout with good volume. Also bounce back from 50% Fibonacci retracement. RSI is 65 showing strong buy zone.
Buy price - 162-165
Target 1 - 178 which is 10%
Target 2 - 194 which is 20%%
SL - 154(5%)
Disclaimer : This is for educational purpose only. Take advice from your financial adviser before investing.
Buy price - 162-165
Target 1 - 178 which is 10%
Target 2 - 194 which is 20%%
SL - 154(5%)
Disclaimer : This is for educational purpose only. Take advice from your financial adviser before investing.
Comment:
Target 1 (10%) is achieved yesterday.
Trade closed: target reached:
Target 2 (20%) is achieved today. It has given channel breakout yesterday and can see 210.