SHYAMMETL- Cup and Handle -Breakout-WklySHYAMMETL- Cup and Handle—Breakout—Wkly
Name - SHYAMMETL
Pattern - Cup and Handle
Timeframe - Daily
Status - Breakout
Volume - Very Good
Cmp - 827
Target - 967
SL - 737
SHYAMMETL
Breakout in Shyam Metalics & Energy Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SHYAMMETLSHYAMMETL:- Wait for the breakout, if it gives breakout and sustains then we can see upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
SHYAMMETL - Long Setup, Move is ON..NSE:SHYAMMETL
✅ #SHYAMMETL trading above Resistance of 381
✅ Next Resistance is at 448
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
