Dixon Cup with Handle formation (Long Setup)

May 16, 2021

DIXON

Aggressive entry above 4011 on Hourly closing basis
Breakout entry of Cup with handle above 4320
Stop Loss at below 3750 on daily closing basis
Short-term target 4400,4800++

• Nice formation of Cup with Handle Pattern
  
  
• Looks Promising as correction came with low volume
  
  
• One of the Strong Candidate among sector
  
  

Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.

Jun 5, 2021

Note

on 04-06-2021 first target missed just by 5 points.. 4395 day high

Oct 7, 2021

Trade closed: target reached

Oct 11, 2021

Trade closed: target reached

todays high 5550