[Short Term] Expected good uptrend in ABCAPITAL after breakout

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ADITYA BIRLA CAPIT (NSE:ABCAPITAL)

NSE:ABCAPITAL ADITYA BIRLA CAPIT

supportandresistance parallelchannel indicator abcapital breakout swingtrading priceaction

This stock recovered till its pre-covid levels in the uptrend channel. Now it reached near its previous resistance level. Expected break out of this resistance in upcoming trading sessions. After this breakout, it can move the immediate target of 150 and then 205+ for the short term.