BEPL - Cup and Handle Pattern
Updated
BEPL is possibly forming a Cup and Handle Pattern on Daily Time Frame. In the eventuality of its completion price implication is going to be substantially higher from the CMP. However, for now, we assume the price implication only upto the point of Cup's Brim ( See, Horizontal Line).
Initiate long.
Target : 44
Stop Loss : 37
Initiate long.
Target : 44
Stop Loss : 37
Trade closed: target reached
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