The stock hit UC of 20% and has given Cup and Handle pattern breakout.
Though the risk is with Stop loss its far away. Even with last possible support entry point at 279 and last invalidation point its more or less 15%.
So if move goes against you be ready to loose 15-16%.
Keeping in watchlist it may also continue upward trend but need to watch with caution.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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Though the risk is with Stop loss its far away. Even with last possible support entry point at 279 and last invalidation point its more or less 15%.
So if move goes against you be ready to loose 15-16%.
Keeping in watchlist it may also continue upward trend but need to watch with caution.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
