Aditya Birla Capital Ltd. (monthly timeframe) shows a classic Cup and Handle pattern, which is typically considered a bullish continuation pattern.
The price is now testing the resistance zone around ₹255, the rim of the cup. A monthly close above ₹255 with volume would confirm a breakout.
Note : Above view shared for educational purpose only, no any buy or sell recommendations.
The price is now testing the resistance zone around ₹255, the rim of the cup. A monthly close above ₹255 with volume would confirm a breakout.
Note : Above view shared for educational purpose only, no any buy or sell recommendations.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.