ULTRATECH CEMENT TEHNICAL ANLYSIS
CUP ☕ AND Handal pattern
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
Stock has given a breakout of a triangular structure . One should go long on current levels maintaining the SL of 2300 and look for the target of 2675/2845 in the coming days.
Affle India stock was corrected for a while and now it gave a breakout. We can expect 20-25% returns.
Note: Please consult your financial advisor or take risk on your own repsonsiblity.This is purely for learning purpose
We Are Execute Our Short If Breaks The Downside Level Of 37050 In Half Quantity When Flat Opening.
For Long Wait For Price Action.
Education Purpose Only NSE:BANKNIFTY
Today HDFC close below it's neckline so there is a good position for a sell side double top pattern formed and breakout given today of neckline
THIS IS JUST FOR EDUCATION PURPOSES!!
any thoughts comment below
Chart showing me., Monday will going up side. Because, Fibbo 50% retrenchment and it form a cup pattern on daily basis and also 1 minute time frame. Most probably is to going up move on Monday 27 september. Thank you.
