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chandakpulkit

SJVN: Cup and Handle Breakout

Long
SJVN LTD (NSE:SJVN)  
chandakpulkit Updated   
NSE:SJVN   SJVN LTD
Technical Indicators Chart Patterns Trend Analysis cupandhandlebreakout breakoutstocks multibaggerstock Trend Line Break indianstockmarket pickoftheweek
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indicator chartpattern trendanalysis cupandhandlebreakout breakoutstocks multibaggerstock trendlinebreak indianstockmarket pickoftheweek
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
Trade closed: target reached:
TGT reached
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