shridharrathi

WABAG - Cup with handle BO

Long
NSE:WABAG   VA TECH WABAG LTD
WABAG


As seen on the chart, Va Tech Wabag Ltd has formed a nice U-shaped Cup, and the volume was low when it was forming the handle and the breakout was with a good volume.

There is a high probability that this pattern will be successful.

Disc - invested, for educational purposes only

Another similar setup was with Finolex Cables
Trade closed: target reached:
Nifty has made a bearish move today. Moving into cash for now.

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