Chart_World

MANAKSTEEL Cup & Handle pattern form

Long
NSE:MANAKSTEEL   MANAKSIA STEELS LTD
MANAKSTEEL BSE:MANAKSTELTD

Time Frame – Weekly (Line Chart)

Observations: -
* Consolidation & range formation with good volume activity seen in 33-53 range.
* Cup & Handle pattern form pattern breakout above 52.55
* ATH breakout above 64

Resistance – 55.75 / 64 / 76.60 / 90.15 / 111.20

Support – 42.50 level

DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.

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.