Cup and handle Pattern breakout in DEEPAKNTR
The cup and handle pattern is one the most reliable pattern if it shows these signs in its formation:
Entry - 2185
Stoploss - 1930
Target - 2500/2600
I hope this analysis helps you take better decisions on the stock.
Thank you
Saurabh Yadav
- Big volume buying on the reversal from lows which shows that institutions are buying.
- Volume dry up on pullback shows in handle shows that the supply is being consumed by institutions showing no selling pressure.
- 2x or 3x the average volume on pivot breakout.
- Big price candle on breakout
Entry - 2185
Stoploss - 1930
Target - 2500/2600
I hope this analysis helps you take better decisions on the stock.
Thank you
Saurabh Yadav
Penerbitan berkaitan
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.