PIDILITIND | Cup & Handle Breakout 🎯⭕ Swing Trading opportunity ! 1hrs Chart Alert !!!⭕
-- Buy above=1751 or CMP
--Target = 1796 | 1838
--Stop-loss = 1726
--R:R =3.43
-- Lot size = 500
--Expected Profit = 43k ( 5% )
--Expected Holding = 10 days only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Stock has formed cup & handle pattern
2) Breakout was strong & retested the trendline again
3) Trendline resistance is already broken
4) Target is based on resistance areas
5) bullish engulfing candle as well
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