Aditya Birla Nuvo approaching channel resistance 1320

٣ ديسمبر ٢٠١٦

Aditya Birla Nuvo has been trading in bearish channel after retracing 50% fibo level and it seems to be approaching the channel resistance somewhere around 1320-1322, and further if breakout doesn't occurs it may further do towards the support 1125 in near term. traders may go long with a target of 1320.