smrutisahu92

cup and handle pattern with a divergence @97COMMUNICATION

Long
NSE:PAYTM   ONE 97 COMMUNICATIONS LTD
This trade involves the modus operandi
1. Cup and handle patter at after a steep downtrend
2. Price conforming support at handle base
3. Divergence formation since last couple of days
4. Price has crossed the 500 SMA line and maintaining the support levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.