Pattern: Classic cup & handle formation on 4h time frame.
Buy at: One should buy the stock on cmp i.e. 1072 & add on dips.
Stoploss: Maintaining a SL of 1040 for the short term and 945 for long term
Target: Target 1: 1146 (Based on Cup size ) Target 2: 1300 Target 3: 1500 (Based on support-resistance)
Buy at: One should buy the stock on cmp i.e. 1072 & add on dips.
Stoploss: Maintaining a SL of 1040 for the short term and 945 for long term
Target: Target 1: 1146 (Based on Cup size ) Target 2: 1300 Target 3: 1500 (Based on support-resistance)
Trade closed: stop reached
Posted a bad result, and stoploss hit.
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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.