We can clearly see cup and handle pattern formed in DABUR. also it breakout today. & looking bullish for positional target.
CMP : 589.75
Positive points:
Target : Around 648
In technical term, the cup & handle pattern can give the target equal to the height of the Cup. I have marked a vertical segment showing the height of the cup. and same we can get the target after breakout.
Duration:
Short to mid term
Disclaimer: I am not sebi registered. This is for educational purpose only. Do your own analysis before taking any position. I am not responsible for any profit or loss.
CMP : 589.75
Positive points:
- Breakout:
Cup & handle pattern is well known for a positive side breakout.
Today it Breakout & closed above the resistance line. - Volume:
Breakout volume is greater than the moving average of volume of 20 days. Actually its almost twice. - MACD:
MACD crossover above zero line & histogram is also showing some strength. - RSI:
RSI is above 60 showing bullish signal
Target : Around 648
In technical term, the cup & handle pattern can give the target equal to the height of the Cup. I have marked a vertical segment showing the height of the cup. and same we can get the target after breakout.
Duration:
Short to mid term
Disclaimer: I am not sebi registered. This is for educational purpose only. Do your own analysis before taking any position. I am not responsible for any profit or loss.
거래청산: 타겟 닿음
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.