CHENNAI PETRO CUP AND HANDLE PATTERN ON WEEKLY CHARTCPCL is making cup and handle pattern on weekly chart and ready give breakout in coming days with heavy volume.
If stock give closing on weekly chart above the trend line, we can expect target of RS 250-280 in long term.
IOC LTD is holding 51.89% percent in company.
Target for 3-12 month RS 160
Target for long term RS 250--280 which around 110% or more from the CMP
Its not any tip or recommendation, do your own analysis.
