texmaco rail has also the same pattern( so is this pattern is bearish or bullish ) happy to discuss on this and TCS shows cup and handle pattern can u please check through this completly love ur work bro
Averoy_Apoorv_Analysis
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@akshay10man, Texmaco is under surveillance stocks list, its range of the day is a 5% limit only. I skip such stocks . Overall this is a bullish pattern idea but its base breakout so its the first movement after the consolidation done . Cup and handle ( my personal point of view ) says that its a good pattern for bullish view of a stock not a great trade entry on its breakout - mostly fakeout as it is also a horizontal breakout and not base breakout . Thanks a lot
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