TECHNOE trade ideas
the most beautiful cup and handle sign this is the most beautiful cup and handle sign I have ever seen ... go long on this it may give 100% take a delivery now as it has reached the support level and also completed the fall of 1\3 of the chart .... as this is a long holding stradgy we will need some fundamentals to check ... this company :Techno Electric & Engineering Company Ltd. (TEECL) is one of India's most important power-infrastructure companies. We are at the top of Engineering, Procurement and Construction (EPC), asset ownership and operations and maintenance services in the three industry segments of generation, transmission and distribution. (source - investor presentation) and as we know the government has just announced infra project it should be good enough for this stock to give 100% returns
EW Analysis of Techno electric In Technoelectric after completing Motive wave now corrective wave is running
Monthly breakout and buy at retracement near 315 to 320Good stock for short term investment with profit minimum 5 to 10%
Techno electric & engineering Techno electric &engineering make cup and handel on weekly timeframe . Volume are too good go long if price sustain above trendline
Buy Idea according to daily time frameTechno electric buy above 334
Target -340
Sl-27
Take position at your own risk
TECHNOE#watchlist
#TECHNOE (weekly):- buy at cmp 307 accumulation till 280/270 level for target 400/470++
#Disclaimer:-I just shared view for only educational purpose.
#priceaction #multiyearbreakout
#BREAKOUT
