Maharashtra Seamles Ltd-Cup and handle pattern

2 de dez. de 2020

Maharashtra Seamless Ltd stock shows cup and handle pattern in daily chart. First target is 320 which is the depth of the cup that has formed in cup and handle pattern. I would not suggest to buy at such higher levels today. Wait for the retesting level or can buy in dips. When it crosses 320 later, the previous support will be the resistance which will be 349.

Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)