TheWealthVector

CUP & HANDLE - NSE:ORIENTELEC

Long
TheWealthVector Updated   
NSE:ORIENTELEC   ORIENT ELECTRIC LTD
Scrip: NSE:ORIENTELEC
Trade: LONG (buy when daily candle closes above 330)
Target: 395

Reason for trade: Long consolidation forming a Cup & Handle pattern. Long term trend line also holding strong since Oct'20.

Disclaimer: Please consult your financial advisor before taking any trade decision. After all, this is just an idea!
Trade active:
On 16JUL21 at 13:26, scrip showing signs of strength. Can be bought now at CMP.

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