Kolte Patil Developers Ltd-cup and handle pattern

23 Kas 2020

Kolte Patil Developers shows up trend. The daily chart shows breakout in cup and handle pattern formation. Ascending triangle pattern is also clearly visible which denotes further up move. Target 1 is 226 according to the depth of the cup of cup and handle pattern. Target 2 us 273 which is the target based on ascending triangle. Can go long with a stop loss of 178 and trailing stop loss. Happy investing :)

Note: These charts are for educational and learning purpose only. I am just a beginner. Kindly invest based on your research and analysis.