Cup & Handle formation with 3 yrs of Weekly Breakout in Jubilant

1 dic

JUBLINGREA Cup & Handle has formed in the weekly timeframe. Aim for 450-500 points upwards target for a long-term view of 1.5-2 yrs. It had tried to break the ATH in sept but failed to do so.
Put a Stop loss at swing low for a good Risk Reward Ratio.
This can be a strong breakout of over 3 years, so the trade conviction is higher.