ABFRL, 3 FACTOR CONFLUENCE SETUP. READY TO BLAST IN COMING DAYS

ABFRL looks good above 225 (immediate breakout for Intraday) & if closes above 227-230 then can be taken for positional as well.
Its a conflunce of 3 setups as explained on chart.
1. Cup with handle (blue colour)
2. Symmetrical Triangle (yellow colour)
3. Weekly/Monthly resistance line breakout at 225

Keep it on radar and work with risk management.

Thanks
Piyush Gupta
Learn & Earn

Commento:

Monthly TL (factor 3)