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DEEPAK NITRITE : Cup & handle

Long
DEEPAK NITRITE (NSE:DEEPAKNTR)  
TradingSutra  
NSE:DEEPAKNTR   DEEPAK NITRITE
Trend Analysis Cup And Handle Parallel Channel deepaknitrite stockmarketanalysis Technical Analysis technicalpatterns stockmarketindia technicalalysis
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trendanalysis cupandhandle parallelchannel deepaknitrite stockmarketanalysis technicalanalysis technicalpatterns stockmarketindia technicalalysis
After the formation of cup & handle , stock has given breakout & formed a nice support near 1600 level before giving today's big move as a breakout. Keeping SL of 1650 one should buy this stock on current level & add on dips (if any) and look for the measured target area of 1950 zone in coming sessions.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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