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VigneshIyer
17 ago 2021 10:04

Another Cup and handle Pattern Long

TUBE INVESTMENTS ONSE

Descrizione

Time frame taken to form is 7-8 weeks till now. Another few weeks before pattern finishes depending on if it forms the handle or not.
Sl at 1124.

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This post is purely for educational purpose. One may do their own research before taking any position in this stock.

Commento

Trend hasn't broken yet. so we are on course till now.

Commento

Tried to breach 1400 but failed to resulting in a possible handle formation. The shadow of the candle on the left which was the start point of C&H ignored as per current pattern. could see 2-3 session of consolidation

Commento

The stock looks poised for higher level after breaching the upper shadow of 1470 levels . Here ideally it is better to bring sl to cost. and trail accordingly

Trade attivo

What a brilliant move today. Strong move with volumes
Commenti
sohamdey76
Holding Tube Investments of India at 1160. Can we take hold for these levels?
VigneshIyer
@sohamdey76, in my understanding i dont see danger unless it closes below 1090 on weekly basis. for ur level
Altro