Market_Geometry

BEPL CUP & Handle breakout-expected 100% return

Long
NSE:BEPL   BHANSALI ENG POLYM
As per my earlier analysis while entry taken 155~163 range with SL -150.
Also I told fresh entry can be taken if breaks 185, now weekly confident closing around 185 gives a chance for fresh entry for Target 212~220.
if sustain & breaks 212~220 range final target is 318~325 as per Cup and Handle pattern.
Of course in between two target 250 and 286 also to be considered as my earlier analysis - link given below.

Comments

this is brilliant study
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@Reyash321, thanks bro
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SL if buying above 185 ?
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@ashutosh74, below the present breakout candle 167.
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Looks great!
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Market_Geometry ikapilmittal
@ikapilmittal, thanks bro
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