Aban Offshore
ABAN (540) - Posted on 01st April "Ready for big up move,
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After this post, it exactly resisted at the mentioned resistance level of 571-577 (made high 574.80 on 03rd April, from there corrected up the mentioned support level of 493-488 (made low 490 on 30th April and once again 490.85 on 09th May), from there upward movement started and as on yesterday it made high 545.80.
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Now What is in ?
Resistance 564-577
(Already mentioned resistance slightly modified )
but trade and stays above that in this round
Ultimate Upside Target of 640-650 remain same
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Already posted on 21st Feb itself,
it seems, marching towards 900-950 in the medium term.