Hi guys as shown in the Chart Dabur has formed Cup & Handle Formation and given a breakout with Big Green Candle with very good volumes
- Currently it is coming back to retest the Support which was once Resistance
- Buy once it Sucessfully test the Support and bounce back from it ...
Buying Setup :-
-- You can currently buy in Dips till Support 582 or you can just wait for it to complete the re-testing phase
- For Super Safe side ... buy above the Current high i.e 594
Stop loss is mentioned in the chart
Targets are generally the 100% of the Depth of the cup , so if we measure it targets can be :
T1 = 612
T2- 640
Note : I am still a learner ... So if i miss anything ... Please let me know :)
Disclaimer :- This is just for education purpose only ... not a trading advice.
- Currently it is coming back to retest the Support which was once Resistance
- Buy once it Sucessfully test the Support and bounce back from it ...
Buying Setup :-
-- You can currently buy in Dips till Support 582 or you can just wait for it to complete the re-testing phase
- For Super Safe side ... buy above the Current high i.e 594
Stop loss is mentioned in the chart
Targets are generally the 100% of the Depth of the cup , so if we measure it targets can be :
T1 = 612
T2- 640
Note : I am still a learner ... So if i miss anything ... Please let me know :)
Disclaimer :- This is just for education purpose only ... not a trading advice.
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.