GSPL-Bullish-Cup pattern-Entry:88 SL:48 Target:138 – historical chart

[M Prem Rajan]

I could not find any cup pattern just forming recently to have an actionable statement. This is based on historical chart where the target has already reached. There is low volume during the cup pattern, followed by high volume breakout at 88, which would be the entry signal. The low of 48 of the cup would be the stop loss and the target is 138, which was just about reached

[Johnson]

Dear Prem rajan

Although it is old it is a prefect cup pattern formation,with very less volume at the bottom and very high volume at the break out.

[Author]

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