The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup. counter standing strong and if markets supports can give a good return.
The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup. I can see cup and handle pattern with rising wedge. breakout can put bpcl on fire.rest given on chart
LICHOUSING FINANCE MADE A U TURN FROM FIB LEVEL OF 127.2%. IT SHOULD RETRACE TO 78.6 % i.e RS 710 IN SEPTEMBER SERIES.