NFL - Cup & Handle BO
#NFL
CMP : ₹.112/-
Date : 18-01-2023
National Fertilizers Ltd is now on radar. The chart itself is self explanatory. 2 years old resistance trend line breakout happened .7 years old cup & handle breakout happened. 15 years long round bottom pattern is abou in a 75% completion status. The snapshot in the chart depicts it. Technically looking very good. A 50% movement can be expected soon. Also if the upcoming budget supports,the movement will be in bullet mode. Stoploss @₹.100/-
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly
CMP : ₹.112/-
Date : 18-01-2023
National Fertilizers Ltd is now on radar. The chart itself is self explanatory. 2 years old resistance trend line breakout happened .7 years old cup & handle breakout happened. 15 years long round bottom pattern is abou in a 75% completion status. The snapshot in the chart depicts it. Technically looking very good. A 50% movement can be expected soon. Also if the upcoming budget supports,the movement will be in bullet mode. Stoploss @₹.100/-
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly
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