CUP
BREAKOUT EXPECTATION, SWING TRADE, GODREJCPThe stock has bottomed out and is now near to the previous high level. if it is broken we can see a good up movement. Since FMCG sector is been in a bearish mode for past 2 trading days, trade may take more time. Also a cup shaped pattern can also be observed.
SL can be placed according to personal risk apatite.
NB: This is not a stock recommendation, just sharing my views only
Apollo Tricoat - Another 25-30% ?Travelling in a pattern. Don't be surprised if this week we see a red weekly candle. It could just be the opportunity we need.
Let's see if the pattern repeats.
On the watchlist.
LTI Daily Breakout of Cup PatternLTI is displaying good strength and is doing a breakout on the cup pattern even in a weak Market
The breakout is over the previously know recent highs and is supported on both Monthly and Daily Timeframe
it would make a good case above 3600 with Technical SL would be @ 3500 Levels about 2.5% from here
Probable Cup FormationCadila Healthcare looks positive on charts.
A probable cup formation can be seen. Brkout awaited.
Trade as per price action.