Aditya Birla Capital 5 year breakout

Updated
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.
Note
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.
5ybreakoutbreakoutChart PatternsFibonaccipriceactionRelative Strength Index (RSI)swingtradingTechnical Analysisvolumeanalysis

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