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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.