CUP & HANDLE PATTERN FORMATION ON MONTHLY CHART
On the monthly chart stock has near to forming cup& handle pattern pattern.
Any monthly close above 3240 will turn stock for fresh upside movement. The upside target seems around 4500---4700 levels in the coming months.
Support and stop loss below 2700 levels on a closing basis.
Any monthly close above 3240 will turn stock for fresh upside movement. The upside target seems around 4500---4700 levels in the coming months.
Support and stop loss below 2700 levels on a closing basis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.