mayank79

Talbros Auto- Cup n Handle breakout on weekly charts

Long
NSE:TALBROAUTO   TALBROS AUTO
Weekly close abv 360 to trigger a much bigger rally for time frame 1-3 months. Min tgt size of handle 360+(360-240)=480. MAx tgt size of cup 360+(360-60)=660(time frame can be 2-4 mth). Keep a Stop below 300 DCB.

Entry only on WCB abv 360 as markets are too volatile.
Tranch 1 buying >360 WCB
Tranch 2 buying on DCB>480

As on daily charts ADX is missing, so buy gradually

Mayank

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