ADITYA BIRLA CAPITAL taking retrace after breakout yearly level

If we can see longer time frame we can see a cup and holder pattern created . When ever create this pattern a very sharps and good move we can see.

What pattern Support behind this Stock:

• Inverted Head and Shoulder.
  
• Cup and holder pattern .
  

This stock breakout and now retracing the resistance level of 159.85-160 and makes it a support.

Entry Point: after break the trendline with good volume and buying prefer above 180 level.

Keep on your eyes on this stock.

Komentar:

First Target Hit at 191 level