BEPL
BEPL - Cup and Handle PatternBEPL is possibly forming a Cup and Handle Pattern on Daily Time Frame. In the eventuality of its completion price implication is going to be substantially higher from the CMP. However, for now, we assume the price implication only upto the point of Cup's Brim ( See, Horizontal Line).
Initiate long.
Target : 44
Stop Loss : 37
BEPL : BAD result, Overall BearishIntermediate Target : 60
Final Target : 48 and It can give a bounce from there
BEPL Accumulation Hi All,
As per the chart details I think there is further some more downside with a SL of 110, but if you look the company fundamental and other aspects I think this is the best time one can make entry and can reap the gains.
Thanks
Gaurav
