Technical Setup 🚀
1. Trading in a parallel channel
2. 18-month ROC bottoming out
3. Flag formation on the monthly time frame
4. Multiple cup-and-handle patterns on the daily time frame
5. Breakout expected once it closes above ₹975
6. Short-term target: ₹1,240 (Cup & Handle)
7. Long-term target: ₹1,650 (Monthly Flag)
Feel free to share your thoughts in the comments!
Not SEBI-registered ⏐ All views are personal ⏐ Not investment advice
1. Trading in a parallel channel
2. 18-month ROC bottoming out
3. Flag formation on the monthly time frame
4. Multiple cup-and-handle patterns on the daily time frame
5. Breakout expected once it closes above ₹975
6. Short-term target: ₹1,240 (Cup & Handle)
7. Long-term target: ₹1,650 (Monthly Flag)
Feel free to share your thoughts in the comments!
Not SEBI-registered ⏐ All views are personal ⏐ Not investment advice
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.
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.