Stock has formed pattern within pattern with a heavy volume of late.
Aggressive Entry - It has given the Handle breakout targetting 786-800 for which the stock has to maintain abv 660
Conservative Entry - BO above 786/800 lvl with convincing volume will confirm both
1. Triangle pattern BO and
2. Cup & Handle Neck BO
in which case the targets that the stock can likely work off would be 900, 1128 and 1300
Disclaimer: This idea is for education/information purpose only and does not constitute any trading recommendation. Please do your own research or consult a SEBI approved analyst before making investment decision
Aggressive Entry - It has given the Handle breakout targetting 786-800 for which the stock has to maintain abv 660
Conservative Entry - BO above 786/800 lvl with convincing volume will confirm both
1. Triangle pattern BO and
2. Cup & Handle Neck BO
in which case the targets that the stock can likely work off would be 900, 1128 and 1300
Disclaimer: This idea is for education/information purpose only and does not constitute any trading recommendation. Please do your own research or consult a SEBI approved analyst before making investment decision
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.
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.