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Netweb Technologies - Nearing breakout zone on weekly chart
NETWEB TECH INDIA LTD
Long
Netweb Technologies - Nearing breakout zone on weekly chart
By TheUnlearningOne
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Nov 6, 2024
4
Nov 6, 2024
On weekly chart, Netweb Technologies is nearing its breakout zone.
A cup pattern followed by a base consolidation with higher lows makes it an ideal stock to keep in your watchlist.
Buy zone: 2925-3050
Stop loss: 5-8% basis one's risk management.
Initial target: 3500-3600
Note: Not a buy/sell recommendation. Please consult your financial advisor.
Cup And Handle
NETWEB
Parallel Channel
TheUnlearningOne
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