On weekly TF, Stock has formed Cup & handle pattern. It would reach 83 levels in near term, which is a first resistance. If it sustains the stock may reach to 52 weeks high.
Risk & Possible targets: The depth of Cup is 25%, stock may target +25% on long term. Trend Line acting as a Support. For short term investors, choose position size and risk as per your risk appetite.
Disclaimer: I am not SEBI registered analysts, This is entirely my view and it is only for educational purpose.
Risk & Possible targets: The depth of Cup is 25%, stock may target +25% on long term. Trend Line acting as a Support. For short term investors, choose position size and risk as per your risk appetite.
Disclaimer: I am not SEBI registered analysts, This is entirely my view and it is only for educational purpose.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.