Intra week
There has been a cup and handle pattern being formed since a month which is reliable for a short term investment. Since couple of days the day candle has formed inverted cup and handle signaling change in trend from the support line of more than a months. Enter now with a stop loss of 368 or bellow on closing bases, which includes the safety of 1% from the support line. I would recommend you to exit before the 27 July, the quarterly results if you are eyeing for short term investment because poor performance in this quarter and poor quarterly results may lead, fall in stock price.
Traget 1: 411
Target 2: 426
All these Information is based on my personal knowledge and may be wrong, involves risk. This is Educational purpose to make my ideas reached to all, and investment at your own risk.
Be safe, and good luck for your Investments.
There has been a cup and handle pattern being formed since a month which is reliable for a short term investment. Since couple of days the day candle has formed inverted cup and handle signaling change in trend from the support line of more than a months. Enter now with a stop loss of 368 or bellow on closing bases, which includes the safety of 1% from the support line. I would recommend you to exit before the 27 July, the quarterly results if you are eyeing for short term investment because poor performance in this quarter and poor quarterly results may lead, fall in stock price.
Traget 1: 411
Target 2: 426
All these Information is based on my personal knowledge and may be wrong, involves risk. This is Educational purpose to make my ideas reached to all, and investment at your own risk.
Be safe, and good luck for your Investments.