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abhinavjain97
Sep 15, 2021 6:44 PM
Cup & Handle!
Long
NSE:LINDEINDIA
60
LINDE INDIA LTD
NSE
Description
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Sep 15, 2021 6:44 PM
After a fantastic rally stock took a pause where buyers slowly started accumulating before a further push towards the new highs forming a clear cup & handle pattern which is definatly a bullish sign.
Trend intact on both daily and hourly TF.
Entry- 2765-2770
SL- 2620
TG- 2980, 3225
Trend Analysis
Chart Patterns
Technical Indicators
Comments
AmitDoshi93
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Sep 16, 2021 2:31 PM
I also see an ascending triangle here, if I am not wrong.
abhinavjain97
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Sep 16, 2021 2:44 PM
@AmitDoshi93
yes its a ascending triangle on daily chart.
abhinavjain97
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Sep 16, 2021 2:54 PM
it's just the perspective sir, main point is the strength of sellers is decreasing after taking resistance.
AmitDoshi93
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Sep 16, 2021 2:30 PM
I am new here. Could you please tell me how you calculated the target price?
abhinavjain97
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Sep 16, 2021 2:45 PM
@AmitDoshi93
top to low of cup projected from breakout
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