Dabur: cup and handle breakout pattern
Dear traders,
In this stock there is a cup and handle breakout pattern is formed.
As we can see that we can buy this stock at breakout.
Formula for take profit--
Breakout price+ (highest of the either side of the cup - bottom of the cup )*50%
= 580+(580-520)*50%
=580+30=610
Stop loss--
= Bottom of the cup
=561
In this stock there is a cup and handle breakout pattern is formed.
As we can see that we can buy this stock at breakout.
Formula for take profit--
Breakout price+ (highest of the either side of the cup - bottom of the cup )*50%
= 580+(580-520)*50%
=580+30=610
Stop loss--
= Bottom of the cup
=561
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.