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RAILTEL CORP OF IND LTD
Long

RAILTEL: Cup and Handle breakout

By pradipandsuvra
RAILTEL has a perfect, copy book Cup & Handle pattern formation.

The chart looks bullish with the following properties:


  • A long term Cup & Hande formation with a good volume breakout.
  • If it sustains above 120, one can go long with a SL of the neckline of the Cup & Handle pattern (i.e. 117)


Long above 120 with a SL of 117.

Cup And Handlecupandhandlebreakoutindianstcokmarketindianstocksanalysisrailtellongstocktowatch
pradipandsuvra
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