LONG - DEEPAKNTR - 30 Mins Cup & Handle Breakout

While analyzing the 30-minute timeframe, I found this cup and handle pattern that can be identified as a bullish continuation pattern. As the stock recently came out from a bearish trend, it can easily push for a recent high in the stock. Entry - 1970
SL -1905
Target - 2175

Kommentera:

1:3 Risk reward ratio almost achieved. Book your profits and let me know how did you like this analysis 😊