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It has completed a cup and handle chart pattern. If the price breaches 1425 then it will confirm a breakout. An upside of 100 point is expected on the breakout which is equal to depth of a cup
Cup And Handle Pattern..!!
One can buy ONGC with strict stop loss forming Cup and Handle Pattern
Leles target stoloss given in charts
polyplex CMP:648 buy with support 600 and upside can be 800 1000+ time fram 8 to 12 month
forming cup ad handle pattern will accumulate on deep upside is big
The stock is in an uptrend. After a brief correction, the stock staged a breakout today to new highs, backed with volume spike. It has also completed a cup & handle pattern.
Am long this stock.