Gud break out on weekly TF with volume. and getting ready for cup pattern first target will be ATH. then may made some consolidation here may go for further high. Always have Risk Reward Ratio in mind....
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AS said above wait for the target of 1360. soon we will see this target
Trade closed: target reached
Today first target reached. if this stock consolidates in all time high price range then it may have potential upside target.
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Now stock again comes to its support level if it makes elephant green candle on weekly time frame. than it will have again gud target. and may also cross ATH.
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Now this chart may make cup and handle pattern break out and target will be huge after break out.
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PERFECT CUP AND HANDLE PATTERN. BE READY FOR FRESH BREAK OUT
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Still waiting for all time high break out
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AGAIN CAME AFTER TAKING RESISTANCE FROM ALL TIME HIGH. IF THIS TIME IT REACHES NEAR ATH THEN CHANCES OF BREAK OF ATH IS VERY HIGH BECAUSE. AFTER 3 ATTEMPTS RESISTANCE MAY BECAME VERY WEAK.
Note
Biggest volume after ipo. it may be buying or exhaustion volume. either some one sell in bigger qty or selling in bigger qty. it will clear in one or two days. we will closely observed its price action. This level will be make or break for this ipo.
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