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santhu404
Apr 27, 2017 10:58 AM

Cup & handle breakout  Long

INDO COUNT INDUSTRNSE

Description

It has been observed that ICIL chart Cup and Handle break out near 190, can watch near 190 to 195 for target of 240 cup length as well as previous resistance zone stop loss below 180.
Comments
Hulk703
Can you please post chart for Gateway Distriparks Stock ..does it look like good buy at these levels
Hulk703
Can u pls update the chart for Indocount
santhu404
@Hulk703, stop loss hit very long back
Hulk703
@santhu404,

Yes.. I mean to say if possible can u post chart for current scenario.. am holding some shares at 90.average price
santhu404
@Hulk703,


till now stock is making lower low and lower high means down trend. recent swing low is 73/60, you can keep stop loss below 60. you can expect target upto 105 in a long team.
Hulk703
@santhu404, thanks ..yes I hope to exit even t cost price ..ie 90
Hulk703
@santhu404, seems it's holding the 75 levels ..closure above 82-83 is important right
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