Long Affle @ CmpAffle can be long at current market price.
1. Cup and Handle formation.
2. Handle had retraced till 50% of the cup formation.
3. Current Price near trend line so a small sl
CMP 1097
SL 1040
TGT 1230-1300-1400
CASM
Nifty Sell on HourlyNifty can be sold at cmp 10790 (Spot)
with sl 10850 or conservative today's high
Tgt can be 10570+
with RR 1:5
Trendline Resistance Trade
ITC Long Above 286All details of trade in chart.
BreakOut Trade Pattern.
As the trade is still to get active thus RR is not that much great but if in any case any pin bar or any other price action gets into play at resistance will update the trade. Be quick in taking and booking trade as the trade is on 15 min chart.
CASM!!! ENJOY!!!
