Dear traders,
Friends I came with a classical cup and handle breakout pattern.
Along with this idea we saw that there was a impulse before this consolidation (presently) . So we can guess a impulse in future.
The stock has already give the breakout and this is the time to play a buy move.
We expect a bullish movement for long term.
I setup a take profit and stop...
Dear traders,
The chart is making a Acending triangle pattern.nn
After breaforkout we can play for a buy move.
But with that we should consider the possible resistance for short term. And possible resistance zone can also make a new breakout point.
Dear traders,
There is a decending triangle pattern.
And if there is a breakdown then it will go up to NEXT SUPPORT ZONE.
And with Fibonacci retracement idea we got support by 0.78(1299.35)
