BHEL forms consecutive 2 series of Cup & Handle patterns with neckline of 42.5 & 44.5 respectively.
So once neckline of 42.5 is broken with high volumes, Target1 of 47, Target2 of 59 & Target3 of 71 should be sought.
So once neckline of 42.5 is broken with high volumes, Target1 of 47, Target2 of 59 & Target3 of 71 should be sought.