Amit_Ghosh

HCL Tech Cup and Handle Formation

Long
NSE:HCLTECH   HCL TECHNOLOGIES
Cup and Handle are formed as well as the sector is aggressively bullish . But cup and handle pattern also means that it is at resistance. So, let's long at confirmed breakout and with an immediate update of trailing stop loss.

Long if it breaks the high of the previous day with a stop loss at the previous day's low.

In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Order cancelled: No trigger = ORB sell.
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