It will cross 810 positively,due to other factors.
federalMagpie90736
⋅
Hi,,, can you pls let us know the entry levels for this stock again
NeelamN
⋅
@federalMagpie90736, it may retrace to 50 EMA can consolidate for a while before journey up
bardevolved
⋅
If one follow C&H pattern it would have given target of 80-90 points till 486 but this jumped almost double of that, so I guess its following Price action only
NeelamN
⋅
@bardevolved, Targets for Cup and handle pattern as per backtesting are either triple or 5 times of the cup's depth.
bardevolved
⋅
@NeelamN, Thanks mam, heard it for the first time.
Kapil-Mittal
⋅
Great analysis, looking forward to the targets!
bharath1542
⋅
What will be the target
NeelamN
⋅
@bharath1542, Target 5 was 834, which is also achieved today... Disclaimer : this is purely education purpose. Look for DOW theory violation if you suspect reversal. It is in continuation, making higher highs and higher lows....