ELGI EQUIPMENT; CUP&HANDLE BREAKOUTELGI EQUIPMENT; CUP&HANDLE BREAKOUT & retest ; its final target marked on the chart ; fundamentally strong ; hold for few months for 30 percent gains;
Elgi
#StockMarket #ELGIELGI EQUIPMENT LTD
Stock on daily chart forms Cup & Handle pattern
Also good volume coming
Buy above 380/386 levels for positional targets of 420
Keep SL below 355
Once 420 level is breached and sustained above this levels, we can expect bigger targets (another 5-7%)
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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