SJVN: Cup and Handle Breakout
Updated
Cup and Handle Breakout :
Prices have formed a 'Lip' at 38, which will act as support on lower end if prices take a throwback after BO.
Given the volumes and price support this momentum is set to continue till 46- 47.5 levels at least.
TGT: 46- 47.5
Entry: 39-39.5
SL: 38
Prices have formed a 'Lip' at 38, which will act as support on lower end if prices take a throwback after BO.
Given the volumes and price support this momentum is set to continue till 46- 47.5 levels at least.
TGT: 46- 47.5
Entry: 39-39.5
SL: 38
Trade closed: target reached
TGT reached
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.