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WELCORP-Welspun Corporation - Cup and Handle

WELSPUN CORP LTD (NSE:WELCORP)  
wfhmom07  
NSE:WELCORP   WELSPUN CORP LTD
Trend Analysis Chart Patterns Technical Indicators cupandhandlepattern cupandhandlebreakout cupnhandle macdcrossover
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trendanalysis chartpattern indicator cupandhandlepattern cupandhandlebreakout cupnhandle macdcrossover
Welspun Corporation Ltd has given a cup and handle breakout.
As can be seen in the chart, the breakout is with a great volume.
RSI is around 73, MACD has also given a breakout.

As per the chart, target could be around 290 to 299.
Neck line can be considered for stop loss.

Trade with Care !!
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