Hi,
This script is making all time high. It is also forming patterns inside pattern. That is inverse head and shoulder inside Cup and handle formation. Whenever there is this scenario where we find nested patterns, it adds more confidence in the script and probability of upmove increases.
Based on the uptrending channel formed and Height of cup in cup and handle formation pattern, targets in range of 2000 to 2500 are visible. Kindly check the risk reward and consider this idea for learning purpose :)
This script is making all time high. It is also forming patterns inside pattern. That is inverse head and shoulder inside Cup and handle formation. Whenever there is this scenario where we find nested patterns, it adds more confidence in the script and probability of upmove increases.
Based on the uptrending channel formed and Height of cup in cup and handle formation pattern, targets in range of 2000 to 2500 are visible. Kindly check the risk reward and consider this idea for learning purpose :)
Trade active
We have seen BIG breakout in Anup Engineering as expected and with BIG volumes. Keep holding and trail the SL
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.