Breakout-Ideas

Cup and Handle and Trendline Resistance Breakout

Long
Breakout-Ideas Updated   
NSE:MHRIL   MAHINDRA HOLIDAYS
Today I picked MHRIL because, it broken trendline resistance on closing basis. The following factors are considered by me for picking this.

1. Huge Volumes at breakout.
2. Cup and handle Pattern
3. Continous Increasing of Volumes.

For BTST trades Keep profit as 2% - 3%

Keep SL and Target profits mentioned on the chart for short term swing trades.

Please consider these for educational purposes
Trade closed: target reached:
BTST Target got completed

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