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Handleandcup

BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Cup and Handle Breakout in DIXON BUY TODAY SELL TOMORROW for 5%
NSE:DIXON
by Kapil-Mittal
6
Breaking out - Cup & Handle | Inverse H&SChart pattern:- Infy took 8 months to complete the Cup and Handle Formation. If you observe closely, it has formed intermediate Head and Shoulders especially in the Handle portion. Positive indications :- - Closed above the resistance - 760 levels. - RSI and MACD showing good strength. - Long buildups observed in this counter regularly Conclusion:- An increase in volumes is needed for the breakout. If sustains above the current level it can give a good rally up to the 900 levels in coming months. However, tread with caution as price is sliding on to the upper end of the bollinger band which may cause a minor dip before the rally. 730-740 could be the lower levels to watch out for. This is a just beginner’s analysis. Please feel free to share your thoughts regarding this. Thanks for reading!
NSE:INFYLong
by BullBaba92