Stock has formed Cup & Handle pattern. Price breakout of the handle was seen on 26 Dec 23 with good volumes, but stock started trading in a tight range right below the absolute top of the cup pattern with low volume. if price breaks above 950/- Level with good volumes and breakout sustains, the stock may give a good upwards move of 25% to 28%.
Entry: Above 990; SL: Below 905.
Entry: Above 990; SL: Below 905.
Yorum:
Entry Triggered.