PABC LONG TRADE PABC is in slight Bearish Channel in Double Bottom Pattern, which is actually a correction to uptrend or Bull Flag. The previous spike phase of the uptrend acts as pole of bullish flag. The setup is called DOUBLE BOTTOM BULL FLAG, as PABC took support from bottom of channel and has rebounded with heavy up wave volume.
🚨 TECHNICAL BUY CALL –PABC 🚨
🎯 BUY ZONE: Rs. 104-113
📈 TP 1: Rs. 128
📈 TP 2: Rs. 144
📈 TP 3: Rs. 163
🛑 STOP LOSS: BELOW Rs 95 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.9
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
