ABG Shipyard can touch Rs 310-325: Religare
'ABG Shipyard had decisively broken the crucial resistance of Rs 275 thereafter it traded side ways and in a range forming a support at Rs 270.'
By ET Bureau |
MUMBAI: Birendrakumar Singh, technical analyst, Religare Securities is of the view that ABG Shipyard has the potential to touch target of Rs 310-325.
“ABG Shipyard had decisively broken the crucial resistance of Rs 275 thereafter it traded side ways and in a range forming a support at Rs 270. A decisive move above Rs 300 would lead to Rs 310-325. Maintain a stop-loss of Rs 268 for long positions,” Singh said.
“ABG Shipyard had decisively broken the crucial resistance of Rs 275 thereafter it traded side ways and in a range forming a support at Rs 270. A decisive move above Rs 300 would lead to Rs 310-325. Maintain a stop-loss of Rs 268 for long positions,” Singh said.
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