General information regarding cup n handle pattern. LT used as an example only. This chart pattern was first popularized by William J. O’Neil. The cup part of the formation is created when profit taking sets in or the market itself is in a correction and the stock sells off and forms the left side of the cup to the downside. The cup bottom is formed when the...
This is follow-up on Larsen & Toubro. Can check link to related ideas.
Target 1 achieved. More than 19%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
LT is set to cross its ATH in the coming days
Levels are mentioned in the chart
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Regards,
Segan
With steady volumes, there was a breakout over the prior high today.
A break of the 1573.65 near-term resistance level could lead to a target of 1850 levels.
Small amounts can be added in three stages:
1. Anticipating an breakout(now)
2. During the actual breakout
3.Retest
For educational purposes only.
Kindly follow your due diligence prior to taking positions.
