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aritraghosh
Aug 28, 2022 8:20 PM

Asahi India Cup and Handle Pattern Long

ASAHI INDIA GLASSNSE

Description

The stock can be bought on retest. It is expected to make new highs. The height of the cup is above 50%. We can safely take a target of at lest 25-30% upside from these levels. The momentum of the stock is currently bullish on all time frames, on basis of daily, weekly and monthly RSI. However, the stock shall be bought only on a bullish confirmation. There have been two dojis since the breakout. We should ensure this is not a fake breakout. Keep track.
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.

Thanks for your contribution.
From mod @Bravetotrade
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