#ABSLAMC#Channel Breakout since it comes in existance
#Rsi going Above 60
#bottom created
#A good risk Reward trade can be created
so plan your trade
ABSLAMC trade ideas
ABSL AMC BUYStock in a uptrend zone
EMA as a dymic resistance breakout
Macd bullish crossover
Good setup for long position.
Disclaimer this is my personal view for education purpose only, no buy sell recommendations.
ABSLAMC...Cmp - 400...Keep an eye for upmoveABSLAMC
Cmp- 400
Stop- 369
T1- 823
T2- Open, Review at T1
Expected Holding Period- 6 Months or earlier
View- Swing/Investment
ABSLAMCLooks like a formation of Elliot in ABSLAMC
Once above 500 we can confirm and hold for target 600++
Positional/Swing
AMSLAMCABSLAMC CMP 429
Buy above 431
Target 500
High delivery percentage
Huge buying seen by MF
Looks good for potential upside
Swing/Long term
