GSFC - Cup and Handle Pattern BreakOut - Long
Hi All,
This is the Daily frame chart of GSFC - Gujarat State Fertilizers and Chemicals, its formed a Cup and Handle pattern and broken the Handle on 16th Feb with good volume, MACD above zero line and the Cross over happened on the Same day. Now its retesting the breakout area, once it's closed above the 138 price level in the Daily timeframe we can go long.
This is the Daily frame chart of GSFC - Gujarat State Fertilizers and Chemicals, its formed a Cup and Handle pattern and broken the Handle on 16th Feb with good volume, MACD above zero line and the Cross over happened on the Same day. Now its retesting the breakout area, once it's closed above the 138 price level in the Daily timeframe we can go long.
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.