HINDUSTAN COPPER - Cup and Handle

Simple Price Action Analysis. Breakout from Cup and Handle will take the price higher.

Note

2 big red candles but the volumes have been low. So far we can assume it to be just a retest and a recovery should clear the doubts of any trend reversal. However now it is the time to be a little cautious as well with stop loss.

Note

Retest and Recovery confirmed.

Note

Be a little cautious. Trail the stoploss

Trade active

Seems to be back on track.

Note

Resistance at 184.5

Trade closed: stop reached

CannySunny

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

Also on:

CannySunny

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

Also on:

Disclaimer

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