Pfizer has been consolidating for a couple of years and has now finally given a breakout with Cup & Handle pattern.
Cup & handle pattern is a highly trusted pattern for its bullishness.
Not to mention Pfizer is a strong company and should be part of everyone's portfolio.
CMP: 4240
Breakout level: 4150
SL 3980
Target: 4600 / 4780
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
Cup & handle pattern is a highly trusted pattern for its bullishness.
Not to mention Pfizer is a strong company and should be part of everyone's portfolio.
CMP: 4240
Breakout level: 4150
SL 3980
Target: 4600 / 4780
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
Trade active:
Pfizer retested its breakout level. It can be a good time to enter again with SL.
CMP 4229
CMP 4229
Trade closed: target reached:
I'm late to close this trade. Target was reached and trade was closed.
4240 -> 4793 = Rs 550 profit per share
4240 -> 4793 = Rs 550 profit per share