pankaj77777

cup and handle pattern

Long
NSE:ALLCARGO   ALLCARGO LOGISTICS
it gave good cup and handle pattern breakout
Volume also good
Just wait for retracement for entry

Comments

Isn't it forming only a cup and will form the handle now?
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pankaj77777 Gagan225
@Gagan225, yes it can form one more handle
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will it retrace till 50-61.8 % this time
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pankaj77777 Manishpasa
@Manishpasa, may be or if it breaks neck line and then it will retrace till neck line then we can enter
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