Valiant Organics - Cup & Handle Pattern
Valiant Organics Ltd - Positional Call (1 Year)
Technically:
Cup & Handle pattern (refer to Daily chart for more clarity)
Bullish divergence (refer to Monthly chart)
Trend line Resistance (Should touch that)
CMP - 497
Target 1 : 615
Target 2 : 720
Stop Loss : 330
-Can accumulate at this level or wait for 2-4% more correction depending on the market conditions
-Please trade according to your risk
-This is just for educational purpose taking into account only the technical analysis which could go wrong
Extra Point: Valiant Org subsidiary is coming up with the IPO later this month
Technically:
Cup & Handle pattern (refer to Daily chart for more clarity)
Bullish divergence (refer to Monthly chart)
Trend line Resistance (Should touch that)
CMP - 497
Target 1 : 615
Target 2 : 720
Stop Loss : 330
-Can accumulate at this level or wait for 2-4% more correction depending on the market conditions
-Please trade according to your risk
-This is just for educational purpose taking into account only the technical analysis which could go wrong
Extra Point: Valiant Org subsidiary is coming up with the IPO later this month
Nota
Keep tracking could work well next week
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.