Cup and handle breakout formation & bullish engulfing pattern
on daily timeframe the stock has formed a bullish engulfing candlestick chart pattern which indicates a upside move in the counter and hence based on the variouis chart patterns including MA / SMA /EMA a huge upside can be shown with great volumes
the trading strategy is a swing trade...
Buy @ 86-87
Sl - 71.5
TGT1 - 90
TGT2 - 96
TGT 3 - 101
the trading strategy is a swing trade...
Buy @ 86-87
Sl - 71.5
TGT1 - 90
TGT2 - 96
TGT 3 - 101