Deep Industries Limited - Cup & Handle Breakout

6 Eki 2022

📊 Script: DEEPINDS (DEEP INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: N/A
📊 Sector: Energy Oil Gas & Consumable Fuels
📊 Industry: Offshore Support Solution Drilling

Key highlights: 💡⚡

📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Already crossover in Double Moving Averages.
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Cup & Handle pattern.
📈 Current RSI is around 72.
📈 One can go for Swing Trade.

⏱️ C.M.P 📑💰- 297.95
🟢 Target 🎯🏆 - 340
⚠️ Stoploss ☠️🚫 - 274

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!🥂

6 Eki 2022

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