saurabhdhanda

Cup n Handle Breakout

Long
saurabhdhanda Updated   
NSE:BRITANNIA   BRITANNIA INDS
Forming a Cup and Handle, can target 3300-3350 in coming days.
Trade active:
Breakout confirmed but price holding around 3240-3250. There's a bigger triangle waiting for breakout at 3250 for much higher targets. Once 3250 sustains it will be a buy on declines for 4000++
Trade closed: target reached:
The CnH target is reached, hit high of 3320 today. The other trade with bigger breakout is now triggered. It is a buy on all declines from here on.

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.