JINDALsteel Cup and handle breakout Long

NSE:JINDALSTEL1D

JINDAL STEEL & PWRNSE

Description

⋅ Oct 15, 2017 7:57 AM

JINDALsteel Cup and handle breakout

Trade active

⋅ Oct 16, 2017 7:09 AM

Comment

⋅ Oct 26, 2017 2:10 PM

update tsl to entry

Trend Analysis

Comments

PUDIXI86

⋅ Oct 16, 2017 7:56 PM

Breakout not yet happened.

naitikgolakiya

⋅ Oct 16, 2017 5:47 AM

For Cup and Handle Pattern there should be clear prior Uptrend

caam

⋅ Oct 15, 2017 8:09 AM

I think for actual cup formation, right cup lip should be considered around 210 and not at 163. This we should consider “Cup formation under process”. Isn’t it?

arvfit

⋅ Oct 15, 2017 8:14 AM

@caam, yes even i thought same but check weekly chart its confirmed cup and handle. even if you take 210 level setup is valid setup because cup will be completed at my target

caam

⋅ Oct 15, 2017 4:57 PM

@arvfit, so kind of you to reply back. All the best and have profitable trading.