Breakout Chart to Watch:
NSE:RITCO 287
1. Cup and Handle Breakout (Case Study):
Time Frame: December 2022 - July 2023
Breakout Level: 195
Outcome: Successful breakout to 292 levels
Gain: 50%
Explanation: RITCO recently experienced a notable cup and handle pattern breakout, characterized by a robust move from the breakout level of 195 to 292. This gain of 50%...
💥Ritco Logistics💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-240-245
Breakout Price-238
Stoploss-175
Targets-363
RT for max reach
#ritco #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Fundamentally decent stock with low PE looks good after breaking out with volumes on one of the important Gann box levels (weekly TF)
Levels are marked on the chart for SL and tragets
