Cup and Handle Break Out in Deepak Fertilizer

CHART ->Deepak Fertilizer WEEKLY SETUP
As seen per charts, there are few things to note:
1. In weekly time frame, it has given a huge cup and handle breakout.
2. Last breakout candle has been with good volume.
3. MACD crossover in the breakout candle.
4. Not for technical point of view but we have to take a note that -> FII INCREASED THEIR STAKE BY 10% IN COMPANY DURING Q3.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
As seen per charts, there are few things to note:
1. In weekly time frame, it has given a huge cup and handle breakout.
2. Last breakout candle has been with good volume.
3. MACD crossover in the breakout candle.
4. Not for technical point of view but we have to take a note that -> FII INCREASED THEIR STAKE BY 10% IN COMPANY DURING Q3.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.