> Cup & Handle formation
> These kind of patterns take lots of time to form and more time to give rewards
> Like the valuations. EPS will follow.
> Will evaluate further once we reach target for momentum.
Note: InvestIn10 would ride this till Momentum exists. The Target & SL are for Swing Investors only.
> These kind of patterns take lots of time to form and more time to give rewards
> Like the valuations. EPS will follow.
> Will evaluate further once we reach target for momentum.
Note: InvestIn10 would ride this till Momentum exists. The Target & SL are for Swing Investors only.
Comment:
Most likely will exit soon. No volumes on up-move.
Trade closed manually:
1. Relative Momentum in downward trajectory
2. Lower Delivery%
3. Potential Top
4. Market breadth not good for bullish continuation
2. Lower Delivery%
3. Potential Top
4. Market breadth not good for bullish continuation