Cup Handle Pattern

Updated
Cup & Handle Breakout in Pardeep Phosphate

Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA

Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall

CMP- 70
Target Price 77

Note:- I am not SEBI Registered This Trade is only educational Purpose
Trade closed: target reached
Chart Patterns

Disclaimer