WOCKHARDT LTDLong
Cup and Handle pattern breakout
Updated
Today I picked WOCKPHARMA because, it broken cup and handle resistance on closing basis. The following factors are considered by me for picking this.
1. High Volumes at breakout.
2. Cup and handle Pattern
3. Continous rising volumes
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
1. High Volumes at breakout.
2. Cup and handle Pattern
3. Continous rising volumes
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
Trade closed: stop reached
I exited for stoploss
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