Bharat electronics cup and handle formation

14 thg 7, 2020

The set up has completed round shape, now currently forming handle part, it usually takes 1 month.
The probable retrenchment are drawn, wait for formation to get complete.
On reversal if price crosses neckline (103) , It may go up to 140-150.
Duration will be 8-9 week after neckline break out to reach the estimated level.