PIDILITIND | Cup & Handle Breakout 🎯
Updated
⭕ Swing Trading opportunity ! 1hrs Chart Alert !!!⭕
-- Buy above=1751 or CMP
--Target = 1796 | 1838
--Stop-loss = 1726
--R:R =3.43
-- Lot size = 500
--Expected Profit = 43k ( 5% )
--Expected Holding = 10 days only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Stock has formed cup & handle pattern
2) Breakout was strong & retested the trendline again
3) Trendline resistance is already broken
4) Target is based on resistance areas
5) bullish engulfing candle as well
Guys Check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
-- Buy above=1751 or CMP
--Target = 1796 | 1838
--Stop-loss = 1726
--R:R =3.43
-- Lot size = 500
--Expected Profit = 43k ( 5% )
--Expected Holding = 10 days only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Stock has formed cup & handle pattern
2) Breakout was strong & retested the trendline again
3) Trendline resistance is already broken
4) Target is based on resistance areas
5) bullish engulfing candle as well
Guys Check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Note
Need to cross the trendline Note
safe can book some as the first TGT is almost achievedNote
reduce your SL to cost as stock respected the trendline resistanceTrade closed: target reached
1st target reached bought @ 1751
booked @ 1800
pints earned =50
lot size = 500
PROFIT booked per lot = 25000
Safe can book here ...rest modify SL to cost
Note
Trade closed manually
full exit Pidilite in NO Profit No loss safe traders might have booked 25,000 PER LOT
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