CPPL is trading within a rising channel and has recently bounced from its lower trendline support, indicating potential bullish continuation. The short-term target is set at 124 , mid-term at 136 , and the swing trade setup aims for 150 , aligned with the upper channel resistance. The stop-loss is placed at 110.63 , giving a favorable risk-to-reward ratio of 1 : 4, supported by the uptrend structure and recovery from recent consolidation.
Trade closed: stop reached
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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.