CESC has formed CUP AND HANDLE pattern on the Daily charts and has given a breakout.
A cup and handle price pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal signalling an uptrend.
CESC is trading above its 11 & 22 day EMA. RSI is at 67 signalling positive momentum.
CMP- Rs. 162
Entry Price - Above Rs.226
Target Price- Rs.210 ( 30%) ( HNS TARGET)
SL - 152 ( Breaking the confirmation Line)
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
A cup and handle price pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal signalling an uptrend.
CESC is trading above its 11 & 22 day EMA. RSI is at 67 signalling positive momentum.
CMP- Rs. 162
Entry Price - Above Rs.226
Target Price- Rs.210 ( 30%) ( HNS TARGET)
SL - 152 ( Breaking the confirmation Line)
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Dagangan aktif
Performing as expected. Enjoy!!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.