RetailSwingTraders

DEEPAKFERT is forming cup with handle pattern

Long
NSE:DEEPAKFERT   DEEPAK FERTILISERS
#CALL
Stock : #DEEPAKFERT This is a different company not Deepak Nitrate,

Buy Option 1 : Buy @ 429 to 438
Buy Option 2 : Buy @ 460 to 468 (On Breakout)

Stop Loss : below 364 or 10% or as per your risk profile.
Target : Book partial profit at 468 and trail rest,
Risk : High
Duration : 1 to 4 Months.
Note : Blue lines are also buying level. Depends on your risk profile. you can keep this for long term also
Breakout : Weekly closing above 470
Fundamental : Use any website to check it, i can not put the link here
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