Cup and Handle Formation

5 thg 7, 2022

The stock is making a cup and handle patern and one can take a small position above 386 level for a target of 422. Take positional entry only on day closing basis.

Once 422.3 level is breached and sustained we can expect bigger targets (another 5-7%)

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar