Trading Strategy : Stock has given a breakout of the formation of cup and handle. One should buy the stock near the current level i.e. 790 and keeping a stop loss of 750 , look for the target of 825 which is immediate target, later on can see the targets of 850 and 900.
Buy: 790
Stop loss : 750
Targets:
Tgt 1: 825
Tgt 2: 850
Tgt 3: 900
Theory:
The Cup...
well, I have entered at 644.50 as seen inside break as planned for swing trade !!!!
now seen another entry for adding positon's as formed ascending triangle breakout with macd 30 min buy indication
Target 675
my stop loss at 634.50 but new entries can keep at previous 30 min swing low even I am planning to trail sl to my cost after today candle closing...
