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RAILTEL CORP OF IND LTD
Long

RAILTEL: Cup and Handle breakout

306
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.

pradipandsuvra
Also on:
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Cup And Handlecupandhandlebreakoutindianstcokmarketindianstocksanalysisrailtellongstocktowatch
pradipandsuvra
Also on:

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.