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CUP AND HANDLE PATTERN ON SHREE DIGVIJAY CEMENT
SHREE DIGVIJAY CEM CO LTD
Long
CUP AND HANDLE PATTERN ON SHREE DIGVIJAY CEMENT
By abhinayj
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Updated
Jan 20
6
Dec 28, 2023
Chart is forming cup and handle formation on weekly chart.
Volume is increasing with the price rise and decreases with fall in price.
FIIs are increasing stake every quarter.
ROCE > 20%, PE < Industry PE
RSI is above 60 , another bullish signal
TARGET -1 : 120
TARGET -2 : 140
STOP LOSS: 88
**These are my personal observations. Please trade at your own risk.**
Jan 15
Trade active
moving close to target 1
Jan 20
Trade active
target 1 hit
Candlestick Analysis
Cup And Handle
Volume
abhinayj
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