Cupid : Long Opportunities

Aug 16, 2020

CUPID

Here in Point and Figure chart, there is clear cut breakout of rounding bottom formation and We know that Point and Figure chart is noiseless in nature.
Here it is taken as 0.25% * 3 Reversal Box value.
So, We expect to grow up this cupid share price above 250.


Bullish Above 250
Target : 265, 300, 350+ Levels.
Stop Loss: 210 below.

Time Frame: 3_5 Months roughly.
Here if nifty will bearish, here Its Relative strength has been given positive cross over and Positive RS with its important moving average hence it will not so affect on cupid share price after breakout.
Disclaimer: Risk is yours and Reward is too yours.

Aug 24, 2020

Note

Target 1 Done Successful.
Running High 275.80

Exit portion 33% of your total Position