BHARTIARTL | Can we call it as Cup & Handle formation?
Updated
BHARTIARTL | Can we call it as Cup & Handle formation?
CMP : 528
SL : 495
Target : 600
I'm going long based on,
1) RSI positive divergence with price consolidation last 11 trading days
2) My visualisation of Cup & Handle ( Although it is not formed yet)
3) Simple 1:3+ risk reward setup
CMP : 528
SL : 495
Target : 600
I'm going long based on,
1) RSI positive divergence with price consolidation last 11 trading days
2) My visualisation of Cup & Handle ( Although it is not formed yet)
3) Simple 1:3+ risk reward setup
Trade closed: stop reached
Trade closed: target reached
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