c0dchef

COLPAL - Cup & Handle, Inverse H&S - 1H TF

Long
c0dchef Updated   
NSE:COLPAL   COLGATE-PALM (IND)
Cup & Handle pattern forming on Hourly Chart of COLPAL. BUY 1405, SL 1339, Target - 1500. Breakout above 1400 with VOLUME, falling back below 1380-1375 key levels will be construed as a false breakout in this case, So keep an eye on Volume candles too alongside with Price action.

Inverse Head & Shoulders pattern formation in the process on Hourly Chart of COLPAL. BUY 1405 breakout with VOLUME. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Comment:
1486 and turned back towards 1400.
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