CMP 2344 on 01.12.24
1. In recent sessions, the stock has formed a cup & handle pattern. But could not give a breakout of the formation.
2. At present, tested the lower level of HANDLE and formed a Double Bottom Pattern & gave a bounce back too.
3. If the momentum continues, may go into a bullish phase.
4. MACD is showing a reversal too.
5. The risk-reward ratio is quite good at the moment.
NOTE - The above illustration is my own view, shared here only for learning and observation purpose. it is not a bit of trading advice in any form.
All the best.
1. In recent sessions, the stock has formed a cup & handle pattern. But could not give a breakout of the formation.
2. At present, tested the lower level of HANDLE and formed a Double Bottom Pattern & gave a bounce back too.
3. If the momentum continues, may go into a bullish phase.
4. MACD is showing a reversal too.
5. The risk-reward ratio is quite good at the moment.
NOTE - The above illustration is my own view, shared here only for learning and observation purpose. it is not a bit of trading advice in any form.
All the best.
노트
It just bounced from the support level around 2220. let's see ahead.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.