Reason : Technically bullish and trading at support . Investment in OakNorth Holdings yields annualized IRR of 48% over 6 years. Has partnered with HDFC could turn its fortune.
far from being a cup, and the handle is nit an handle as well
PriceWorksIndeed
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@synthwar69 technical charts are self exploring , what one can see couldn't be seen from others. i find this chart similar to my previous cup and handle, where i try to find the stock which gives breakout. Parallel channel breakout which was supposed to eventually complete the handle. you may see my previous ideas of M&M kind of similar to this one, if interested. this cup and handle charts has failed to give breakout and its happen. appropriate SL is alawys be there to save.
PriceWorksIndeed
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@tannukri97, Profit and loss is part of Trading. This chart i published was for Investment purpose with SL. Have some life and don't be online abuser.
Dhananjay81
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it's not showing true cup and handal formation
PriceWorksIndeed
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@Dhananjay81 yeah not an ideal one and also breakout has failed.
haarithuj
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Huge lose, today 7% down, what will happen next ....?
PriceWorksIndeed
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@haarithuj all depend on result now, technically bearish could go down below 200
MAHARAJA5498
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but why today drop 5percent??
PriceWorksIndeed
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@MAHARAJA5498 it may post disaster result on monday.