akashgoyal063063

Cup and Handle Formation in EIH Ltd.

Long
akashgoyal063063 Updated   
NSE:EIHOTEL   EIH LTD
EIH Ltd. is forming a nearly perfect cup and handle pattern. One can BUY around 114-115 when breakout with good volume happens and can expect up to 25-30% returns in the short-medium term. The target is around 144-145 (adding 31 points dip to the breakout level of 114 gives 145).
BUY - 114-115
TARGET - 144-145
SL - 103-105
Disclaimer - This is just for educational purposes. No recommendation is given. Trade at your own risk & will.

Any sort of feedback is wholeheartedly welcomed.
Trade active:
Boom!!!
Breakout with good volumes happened. The results are in front of your eyes.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.