PIDILITIND | Cup & Handle Breakout 🎯

⭕ 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 !

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✍COMMENT Below your view !

Comment:

Need to cross the trendline

Comment:

safe can book some as the first TGT is almost achieved

Comment:

reduce your SL to cost as stock respected the trendline resistance

Trade 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

Comment:

Trade closed manually:

full exit Pidilite in NO Profit No loss
safe traders might have booked 25,000 PER LOT