Mahaprasad

LONG - DEEPAKNTR - 30 Mins Cup & Handle Breakout

Long
Mahaprasad Updated   
NSE:DEEPAKNTR   DEEPAK NITRITE
While analyzing the 30-minute timeframe, I found this cup and handle pattern that can be identified as a bullish continuation pattern. As the stock recently came out from a bearish trend, it can easily push for a recent high in the stock. Entry - 1970
SL -1905
Target - 2175
Comment:
1:3 Risk reward ratio almost achieved. Book your profits and let me know how did you like this analysis 😊
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