CESC has formed CUP AND HANDLE pattern on the Daily charts and has given a breakout.
A cup and handle price pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal signalling an uptrend.
CESC is trading above its 11 & 22 day EMA. RSI is at 67 signalling positive momentum.
CMP- Rs. 162
Entry Price - Above Rs.226
Target Price- Rs.210 ( 30%) ( HNS TARGET)
SL - 152 ( Breaking the confirmation Line)
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
A cup and handle price pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal signalling an uptrend.
CESC is trading above its 11 & 22 day EMA. RSI is at 67 signalling positive momentum.
CMP- Rs. 162
Entry Price - Above Rs.226
Target Price- Rs.210 ( 30%) ( HNS TARGET)
SL - 152 ( Breaking the confirmation Line)
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Trade active
Performing as expected. Enjoy!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.