Buy Aditya Birla Nuvo for target of 885-905: Religare

MUMBAI: Birendrakumar Singh, technical analyst, Religare Securities is of the view that Aditya Birla Nuvo has given a breakout of the “Cup and Handle” pattern. He has advised traders to buy the stock for target of 885-905.

“Aditya Birla Nuvo has given a breakout of the “Cup and Handle” pattern and also a breakout of its intermediate range bound movement. Buy this stock with a stop loss of Rs 855 for target of Rs 885-905

Note: Trading call valid for 3-4 weeks.