Cup and HandleStrong breakout happened after Cup and Handle formation in Deepak Nitrite. The stock continues to rise higher. Wait for dips and consolidation before looking to buy. Can be bought near 800 in parts.
Deepaknitrite
DEEPAK NITRITE..ROCKET STOCKCHART IS SELF EXPLANATORY...JUST BUY.
TARGET : OPEN
STOP LOSS : 650.
EARLIER PREDICTION :
**These are my personal observations. Please trade at your own risk.**
Hindustan Organic Chemicals Limited - Possible privatizationPhenol Antidumping duty will help the stock price. Possible sell off by GoI to private players
DEEPAK NITRITEAfter the breakout from the cup and handle pattern a retest has confirmed a good up move .
RSI looks strong for the up move.
Deepak Nitrite's Temperature increasingJULY 07
All indicators are positive.
huge volume build up.
crossed previous resistance levels.
TARGET 1 550
TARGET 2 580
STOP LOSS : 480
**These are my personal observations. Please trade at your own risk.**
