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ABCapital potential 2x
ADITYA BIRLA CAPITAL LTD.
Long
ABCapital potential 2x
By chARTronicsIndia
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Apr 7
4
Apr 7
AB Capital has been in an uptrend since it bottomed out in Mar-Apr 2020.
It is approaching its IPO level with a base on base breakout with high volume.
Fib extension brings us a target of 388 with a 12% SL
The stock had a perfect retest and rebound from 61.8 fib and looks poised to move higher.
it may retrace a bit to get into the 200-190 range which would be a good buying opportunity.
CPL indicates outperformance and has turned gold with the recent jump
Chart Patterns
Trend Analysis
chARTronicsIndia
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