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InvestIn10
Mar 22, 2023 8:29 AM

CARBORUNIV | Swing Long | R/R = 5 Long

CARBORUNDUM UNVRSLNSE

Description

> 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.

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
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