Aban Offshore - Evening special updates....
ABAN (679) - Posted on 15th May only "Resistance 564-577
As posted, today it open at 578 and made low 577(that is above the mentioned resistance)
from there it moved up and attacked the mentioned upside target of 640-650
not only that , it made high 687 and closed at 679.
so, in a single day, moved from the support of 577 to target of 650 that is more than 12%
Now what next ?
ULTIMATE UPSIDE TARGET 900--950
(This target, already posted on 25th Feb Itself)
hereafter any correction(worst case),
down side support exists at 580--550