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nsdtrading

Multi patterns and Multi year breakout

Long
MURUDESHWAR CERAMI (NSE:MURUDCERA)  
nsdtrading  
NSE:MURUDCERA   MURUDESHWAR CERAMI
Support and Resistance Double Top or Bottom Cup And Handle
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supportandresistance doubletoporbottom cupandhandle
1. The stock gave a good strong breakout after 15 years.
2. Double bottom pattern breakout is seen monthly chart.
3. Cup and handle pattern breakout is seen in weekly chart.
4. A good volume accumulation is seen at the bottom of the cup formation.
5. After giving breakout stock retraced to the breakout level and bounced back with a strong bullish candle.
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