sethinomics

Cochin Shipyard C&H pattern brkout tgt 590

Long
NSE:COCHINSHIP   COCHIN SHIPYARD LTD
Cochin Shipyard has formed a cup and handle patter between 500-545. Breakout above 545 should lead to 590 in few days. SL below 530.Stock reports q1 earnings on Monday. We hold.
Trade closed manually: booked profit at 562. Stock seeing profit booking after gap up on results.

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