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MilestoneCapital

BEPL - Cup and Handle Pattern

Long
BHANSALI ENG POLYM (NSE:BEPL)  
MilestoneCapital Updated   
NSE:BEPL   BHANSALI ENG POLYM
Trend Analysis Harmonic Patterns Chart Patterns BEPL cupandhandlepattern
9
5
trendanalysis harmonicpatterns chartpattern bepl cupandhandlepattern
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
Trade closed: target reached
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