cup and handle pattern trade in thyrocare
Thyrocare : 568.30
trade set up : one (buy at support with stop loss trade)
1. buy up to 560
2. keeping 520 as closing basis stop loss
3. targets : 608 / 666/ 710 / 750 / 810+
trade set up : two (buy at breakout with stop loss trade )
1. buy above 610
2. keeping 570 as closing basis stop loss
3. targets : 666/ (710 handle measured tgt) / 750 / 810+ (cup measured tgt)
technical set up :
1. cup and handle pattern
2. weekly volume increase
3. breakout trade after consolidation
4. value addition
5. trendline
6. support and resistance
trade set up : one (buy at support with stop loss trade)
1. buy up to 560
2. keeping 520 as closing basis stop loss
3. targets : 608 / 666/ 710 / 750 / 810+
trade set up : two (buy at breakout with stop loss trade )
1. buy above 610
2. keeping 570 as closing basis stop loss
3. targets : 666/ (710 handle measured tgt) / 750 / 810+ (cup measured tgt)
technical set up :
1. cup and handle pattern
2. weekly volume increase
3. breakout trade after consolidation
4. value addition
5. trendline
6. support and resistance
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