abhinayj

CUP AND HANDLE PATTERN ON SHREE DIGVIJAY CEMENT

Long
abhinayj Updated   
NSE:SHREDIGCEM   SHREE DIGVIJAY CEMENT

  • Chart is forming cup and handle formation on weekly chart.
  • Volume is increasing with the price rise and decreases with fall in price.
  • FIIs are increasing stake every quarter.
  • ROCE > 20%, PE < Industry PE
  • RSI is above 60 , another bullish signal

TARGET -1 : 120
TARGET -2 : 140
STOP LOSS: 88

**These are my personal observations. Please trade at your own risk.**
Trade active:
moving close to target 1
Trade active:
target 1 hit

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