Nice RR on this small cap, one can go long around 145-148
Buy- A small company with good RR. Buying range 145-148. SL 138
Disclaimer: Ideas for educational purpose, please do your due diligence before taking any call.
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There is a cup and handle formation on the hourly charts of HDFC , the stock has reversed from the neckline of the pattern but on the 15 minutes chart it has formed a double bottom formation for which the nekline forms at 2130 and if it breaks 2130 then it may try to break the neckline of cup and handle formation which is close 2147-2153 region. So the aggressive...
Nifty is a cup and handle pattern and it looks like we can expect fresh new all time high, i might be calling it a little early but risk to reward begs me to keep long. Buy at CMP and expect nifty to break targets 11700 then 12000 very shortly