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Tagged: Bajaj Finanace, CUP Pattern
The script has formed a cup pattern over a period of 1.5 years, with the cup bottom at around 500 and formed a cup handle from 1000 to 1125.So we have set the entry after the cup handle has crossed the top of 1125 and a target of the height of the cup,(100-500=500) as profit. The target is set at 500+1125 = 1625. The script reached the target in 7 months.
Adding chart
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