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Cup and Handle pattern breakout
EXIDE INDUSTRIES LTD
Long
Cup and Handle pattern breakout
By Breakout-Ideas
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Updated
Sep 6, 2022
1
Sep 6, 2022
Today I picked EXIDEIND because, it broken Cup and Handle resistance on closing basis. The following factors are considered by me for picking this.
1. Huge Volumes at breakout.
2. Cup and handle Pattern
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
Sep 6, 2022
Trade closed: target reached
It started with 1.84% profit. You can check out. So I exited
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