radha_23

Deep Industries Limited - Cup & Handle Breakout

Long
radha_23 Updated   
NSE:DEEPINDS   DEEP INDUSTRIES LTD
πŸ“Š Script: DEEPINDS (DEEP INDUSTRIES LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: N/A
πŸ“Š Sector: Energy Oil Gas & Consumable Fuels
πŸ“Š Industry: Offshore Support Solution Drilling

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Already crossover in Double Moving Averages.
πŸ“ˆ Volume is increasing along with price which is volume breakout.
πŸ“ˆ Script is giving breakout of Cup & Handle pattern.
πŸ“ˆ Current RSI is around 72.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 297.95
🟒 Target πŸŽ―πŸ† - 340
⚠️ Stoploss ☠️🚫 - 274

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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