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Breakout-Ideas

Cup and Handle and Trendline Resistance Breakout

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BHARAT HEAVY ELECT (NSE:BHEL)  
Breakout-Ideas Atualizado   
NSE:BHEL   BHARAT HEAVY ELECT
Trend Analysis Chart Patterns cupandhandlepattern Trend Lines LONG volumespike
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trendanalysis chartpattern cupandhandlepattern trendline long volumespike
In BHEL, Today a huge amount of open interest along with Huge Volumes added as long position.

Along with that, Coming to chart patterns, A cup and Handle pattern got completed and broken trendline resistance.

Entry @ 57.45

Stop loss @ 51.6

Target @ 64.2

Consider it for only educational purpose
Trade fechado: objetivo atingido:
Bhel gave nearly 1.13% profit in 1 day..so if you are very short term trader then you can exit. As Monday markets may have an effect of Jackson hole meeting outcome
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