CUP AND HANDLE FORMATION
Updated
A classical pattern cup and handle pattern observed in UPL. A good accumulation happened in last 10 days with volumes supporting and RSI sustaining above 60 clearly shows the charge of bulls. Breaking out of 361 and sustaining above it could give it a good rally. Wait for the right price action before entering.
Good support: 345
Dsiclaimer: Take this view for educational purpose. Trade on your own risk.
Happy trading. Happy investing!
Good support: 345
Dsiclaimer: Take this view for educational purpose. Trade on your own risk.
Happy trading. Happy investing!
Note
Not UPL, It's Adani Ports
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