brijmohan_h

Alok Industries - Forming Cup and Handle Pattern

Long
NSE:ALOKINDS   ALOK INDUSTRIES LTD
The script is currently at the support level . The Pattern seen is the Cup and Handle Pattern with Handle now at testing the support level ( See Big green Candle ) which is acting as a support here.

The Script has the potential to give break out and can easily scale to 58 levels from Here. It is unlikely go down from here due to bunch of candles formed in the last couple of weeks which again is acting as a support here.


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