cup pattern, entry, stop lass and target has marked in the attached chart
Archive for category: CUP Pattern
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CUP Pattern
Just observation may give a plan.
Entry at 240 with a target of 275 and a stop loss of 196
Place long position with Entry 28.3 Stop Loss 17.5 Risk = 28.3 - 17.5 = 10.8 Assuming 1 Rs reward for 1 Rs...
Trade Plan is to take a long position above the breakout. Entry on 237. Cup depth is 35. So...
Entry level of 185.3 with a target of 207.3 with a stop loss of 176.3
The traders can create long term position to buy stock.
Stock Analysis
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Bullish View
Bearish View
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