Vishakha_Nanavaty

Fertilisers & Chemicals Travancore Ltd (FACT) - Cup and handle

Long
NSE:FACT   FERTILIZERS & CHEM
FACT shows cup and handle pattern in weekly chart. Can buy at cmp with a stop loss of 52.35 or can buy in dips. The technical target is 88 (As this is weekly chart need to wait for at least 6 moths to 1 year for the targets to get achieved). Can go long with a trailing stop loss.



Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)

Comments

Target achieved in 2nd week of January 2021 :)
Reply
Wow. Just look at the rally this stock has shown :)
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