manmohansolanki

Inverted Head and Shoulder / Cup and Handel / Breakout / RR 1:8

Long
NSE:ANDHRSUGAR   ANDHRA SUGARS
SL 316
TP1 433
TP2 512
TP3 655

Comments

can you tell me how have you decided target prices. thnx.
+6 Reply
manmohansolanki rohitrathee10
@rohitrathee10, for short term height of the cup and for long term height of the head. Hope that answers your question rohit.
Reply
@manmohansolanki no buddy I did not. if you could please throw some light.
Reply
alex0035 rohitrathee10
@rohitrathee10, read some chart patterns. you'll got the answer :)
Reply
manmohansolanki rohitrathee10
@rohitrathee10, see rohit you might be getting your target as 565, I am using logarithmic scale (log) chart that is the reason
Reply
@alex0035 hi...I have read charts brother. but in this I dnt see a cup with high of 655 target
Reply
@alex0035 this I am referring to the cup and handle pattern as discussed by Manmohan. If you could tell, you are most welcome.
Reply
@manmohansolanki yes buddy. Thnx for clearing it up.
Reply
it is already 385
lost opportunity
+6 Reply
manmohansolanki rohitrathee10
@rohitrathee10, rohit accumulate in the dips stock might retest 360-55 next week and manage your risk.
+4 Reply
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